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%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

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.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 1. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

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
مصدر: GlobalNational - 🏆 81. / 51 اقرأ أكثر »