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

  • 📰 SooToday
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 85%

Nigeria News News

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

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.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SooToday /  🏆 8. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

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...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

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.
Source: SooToday - 🏆 8. / 85 Read more »