TSX Ends Marginally Up After Cautious Session

RTTNews | 1267 days ago
TSX Ends Marginally Up After Cautious Session

(RTTNews) - The Canadian market ended marginally up on Tuesday, lifted by gains in energy and materials sectors thanks to firm commodity prices.

Consumer staples and consumer discretionary stocks found some support, while healthcare, real estate and technology stocks drifted lower.

The mood was cautious with investors awaiting further updates from the banking sector, and looking ahead to some crucial economic data for direction.

The benchmark S&P/TSX Composite Index ended with a gain of 32.79 points or 0.17% at 19,657.53. The index touched a low of 19,600.53 and a high of 19,700.15 in the session.

Bombardier Inc (BBD.B.TO), Imperial Oil (IMO.TO), Teck Resources (TECK.A.TO), Wheaton Precious Metals (WPM.TO), Restaurant Brands International (QSR.TO), Stantec Inc (STN.TO), Canadian Natural Resources (CNQ.TO) and Molson Coors Canada Inc (TPX.B.TO) gained 1.5 to 3%.

George Weston (WN.TO), TFI International (TFII.TO), Loblaw Companies (L.TO) and Fairfax Financial Holdings (FFH.TO) also ended notably higher.

Goeasy Ltd. (GSY.TO) ended more than 9% down. Stelco Holdings (STLC.TO), BRP Inc (DOO.TO), West Fraser Timber (WFG.TO), Nuvei Corporation (NVEI.TO), Shopify Inc (SHOP.TO) and Colliers International Group (CIGI.TO) lost 2 to 3.1%.

read more
Canadian Market Headed For Weak Close

Canadian Market Headed For Weak Close

he Canadian market is down firmly in negative territory Tuesday afternoon, weighed down by rising bond yields and worries about inflation amid elevated oil prices. The Fed is widely expected to raise interest rate by 25 basis points. The post-meeting comments are eyed for clues about the central bank's future rate path.
RTTNews | 1h 27min ago
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

The Switzerland stock market ended weak on Tuesday as worries about geopolitical tensions, rising bond yields and elevated oil prices rendered the mood cautious.
RTTNews | 2h 1min ago
European Stocks Close Weak

European Stocks Close Weak

European stock markets ended lower on Tuesday as investors awaited monetary policy decisions from the Federal Reserve, Bank of England, and Bank of Japan. Rising bond yields, elevated oil prices following Saudi pipeline closures, and mixed economic data across the region weighed on sentiment.
RTTNews | 2h 16min ago
New York Manufacturing Index Pulls Back Sharply But Remains Positive

New York Manufacturing Index Pulls Back Sharply But Remains Positive

The Federal Reserve Bank of New York released a report on Tuesday showing its reading on regional manufacturing activity fell by much more than expected in the month of September but still indicated growth. The New York Fed said its general business conditions index slumped to 7.6 in September from 20.6 in August.
RTTNews | 6h 22min ago
Bay Street Likely To Open On Slightly Weak Note

Bay Street Likely To Open On Slightly Weak Note

Weak Canadian and U.S. futures, lower precious metals prices and concerns about inflation and interest rates could weigh on Canadian stocks Tuesday morning. Investors look ahead to Federal Reserve's monetary policy announcement on Wednesday.
RTTNews | 7h 25min ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the European session on Tuesday.
RTTNews | 7h 43min ago
FTSE 100 Recovers Despite Weak UK Jobs Data, Oil Concerns

FTSE 100 Recovers Despite Weak UK Jobs Data, Oil Concerns

The FTSE 100 recovered from early losses on Tuesday as consumer and real estate stocks rallied. Disappointing employment data and oil price concerns pressured equities, while traders awaited policy guidance from global central banks.
RTTNews | 8h 12min ago