News Formal

Energy stocks help lift S&P/TSX composite Tuesday as oil tops US$70 a barrel

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 99%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Gains in energy and battery metals helped lift Canada's main stock index higher Tuesday as the price of oil also rose above US$70 a barrel.

The S&P/TSX composite index was up 49.58 points at 20,204.87, while U.S. stock markets were closed for the Independence Day holiday.

Oil has been trading for weeks in a range between the high 60s and low 70s, he said, and Tuesday was no exception as the price of oil has climbed back above US$70 a barrel. “Whether or not Russia and Saudi Arabia follow through on that remains to be seen, but yes, it's definitely … having a bit of an impact on the energy price today,” said Archibald.

The rest of the week will see employment data coming out in the U.S. and Canada, which will help inform upcoming interest rate decisions by the central banks, said Archibald. Meanwhile, earnings season is on the horizon as investors eye U.S. firms' second-quarter reports amid a slowing economy.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 1. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Energy stocks help lift S&P/TSX composite as oil tops US$70 a barrel | Globalnews.caEnergy stocks help lift S&P/TSX composite as oil tops US$70 a barrel
Fonte: GlobalNational - 🏆 81. / 51 Consulte Mais informação »