S&P/TSX composite edges lower in late morning trading, U.S. stock markets mixed
Global News
The S&P/TSX composite index was down 7.92 points at 20,019.43.
Canada’s main stock index edged lower in late-morning trading, weighed down by losses in the energy and base metal stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was down 7.92 points at 20,019.43.
In New York, the Dow Jones industrial average was up 21.57 points at 34,429.63. The S&P 500 index was up 5.56 points at 4,431.40, while the Nasdaq composite was down 6.66 points at 13,776.16.
The Canadian dollar traded for 75.81 cents US compared with 75.46 cents US on Thursday.
The August crude contract was up 44 cents at US$71.25 per barrel and the July natural gas contract was up nine cents at US$2.62 per mmBTU.
The August gold contract was up US$2.60 at US$1,973.30 an ounce and the July copper contract was down less than a penny at US$3.90 a pound.
The employee was indicted for allegedly distributing personal information of TD Bank customers, the latest criminal probe to hit the U.S. arm of the Canadian financial institution.
Stock markets were rising broadly higher on news of Donald Trump's U.S. election victory on Wednesday. Here's how investors say you should adjust your portfolio.
The Bank of Canada's Carolyn Rogers says improving housing affordability ultimately requires reaching a balance between supply and demand, which she says will take time.
Donald Trump was previously a crypto skeptic but changed his mind and took a favorable view of cryptocurrencies ahead of the election.
Canadians continue to make payments on their mortgages, but there are signs of stress bubbling up on other credit products, which CMHC warns could continue to spread to home loans.
Canadians continue to make payments on their mortgages, but there are signs of stress bubbling up on other credit products, which CMHC warns could continue to spread to home loans.
Bell Canada will use $4.2 billion of the proceeds it got from selling its stake in Maple Leaf Sports & Entertainment to Rogers Communications to fund this acquisition.
With the costs of pet ownership rising, the Competition Bureau sees an opportunity to drive down the prices of medication by expanding distribution to pharmacies.
Major North American carriers with international operations are cashing in on a booming demand for overseas travel and a resurgence in business bookings.