TSX down 160 points as energy stocks move lower, U.S. markets continue to fall

TORONTO — Canada's main stock index lost almost 160 points on Monday, weighed down by weakness in energy stocks, while U.S. markets also fell, led by a 1.8 per cent drop on the Nasdaq.

Last week, markets reacted negatively to stronger-than-expected U.S. inflation data and pared back their expectations for rate cuts in 2024. That continued Monday after a stronger-than-expected retail sales report for March. But Archibald said with U.S. equity markets up significantly from the start of the year, the correction over the past several trading days isn’t an ominous sign so much as some profit-taking.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

TSX down 160 points as energy stocks move lower, U.S. markets continue to fallTORONTO — Canada's main stock index lost almost 160 points on Monday, weighed down by weakness in energy stocks, while U.S. markets also fell, led by a 1.8...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (22,051.79, down 60.67 points): Toronto...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,912.52, down 29.76 points): Toronto-Dominion Bank. (TSX:TD). Finance. Up eight cents, or 0.10 per cent, to $81.04 on 16.
La source: SooToday - 🏆 8. / 85 Lire la suite »