Energy stocks help S&P/TSX composite creep higher, U.S. stock markets mixed

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TORONTO — Strength in energy stocks helped Canada's main stock index creep higher in late-morning trading, while U.S. stock markets were mixed. The S&P/TSX...

TORONTO — Strength in energy stocks helped Canada's main stock index creep higher in late-morning trading, while U.S. stock markets were mixed.In New York, the Dow Jones industrial average was up 165.78 points at 38,956.21. The S&P 500 index was down 5.35 points at 5,144.07, while the Nasdaq composite was down 76.33 points at 16,027.12.The May crude oil contract was up 47 cents at US$82.63 per barrel and the April natural gas contract was up six cents at US$1.76 per mmBTU.

In this article, we will take a detailed look at Insiders are Selling These 10 Stocks in 2024. For a quick overview of such stocks, read our article Insiders are Selling These 5 Stocks in 2024. Investors are on tenterhooks as the Fed meets this week to decide its future plan of action to tackle inflation, which remains June rate-cut bets rise as Canada's inflation cools more than expected

Statistics Canada says contributors to the deceleration included an easing of grocery prices, and the cost of cellular services and internet access services.Chinese regulators have accused Evergrande and its founder of inflating revenues by $78 billion, putting the insolvent property developer at the heart of the country’s biggest ever financial fraud case.The stock market hasn’t found a reason to drop all that much of late—but the Federal Reserve could easily give it one.

 

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Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,737.53, down 57.03 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down 33 cents, or 0.34 per cent, to $96.72 on 16.
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