Oct 26 - Canada stocks were trading flat on Thursday, as gains in utilities offset the losses in energy stocks, while robust U.S. GDP data defied dire warnings of a recession that have lingered since 2022.
Heavyweight energy index dropped 1.3% as oil prices fell by over 2% after a rise in U.S. crude stockpiles signalled waning demand. U.S. data showed that the world's largest economy grew at its fastest pace in nearly two years in the third quarter, again defying warnings of a recession.
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:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
There's a massive indoor holiday market and fair coming to TorontoEven though forecasts are predicting a mild and slow start to the winter season, don't be fooled — the holidays are approaching (and fast!) and Tor...
Source: blogTO - 🏆 44. / 63 Read more »
Toronto neighbourhood is losing its local fruit market after 20 yearsAnother independent supermarket in Toronto is closing its doors after decades in the neighbourhood and moving to a new location. Roncesvalles Frui...
Source: blogTO - 🏆 44. / 63 Read more »
Global Market Scan: Temperature of western Europe’s housing market drops - constructconnect.comCanada's construction news
Source: DCN_Canada - 🏆 17. / 74 Read more »
Stock market news today: Nasdaq futures sink with earnings in driver's seatStocks are struggling under the weight of disappointing Big Tech earnings and rising bond yields.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market news today: Nasdaq tumbles as Google slides, Microsoft jumps after earningsThe Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »