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Resource stocks help drive S&P/TSX composite higher, U.S. markets mixed

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Strength in resource and industrial stocks helped Canada's main stock index close higher Thursday, while U.S. stock markets were mixed.

The technology index on the S&P/TSX composite was down about 0.6 per cent as U.S. tech stocks also pulled back after significant gains recently.

“There doesn’t seem to be any specific news flow, but perhaps a little bit of exhaustion from buyers.” Energy stocks rose as the August crude oil contract traded for US$82.17 per barrel, up US$1.46 from its settlement price Tuesday.This hair clipper is being recalled over a burn risk. What to knowU.S. benchmark crude prices have rebounded from close to US$73 at the start of June, boosted by both higher potential demand in the summer season and more economic optimism, said Mahajan.

 

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S&P/TSX composite closes up on resource stocks, U.S. markets mixedTORONTO — Strength in resource and industrial stocks helped Canada's main stock index close higher Thursday, while U.S. stock markets were mixed. The S&P/TSX composite index closed up 64.45 points at 21,581.35.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »

Resource stocks help drive S&P/TSX composite higher, U.S. markets mixedTORONTO — Strength in resource and industrial stocks helped Canada's main stock index close higher Thursday, while U.S. stock markets were mixed. The S&P/TSX composite index closed up 64.45 points at 21,581.35.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »

S&P/TSX composite closes up on resource stocks, U.S. markets mixedTORONTO — Strength in resource and industrial stocks helped Canada's main stock index close higher Thursday, while U.S. stock markets were mixed. The S&P/TSX composite index closed up 64.45 points at 21,581.35.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »