TORONTO — Canada’s main stock index erased its gains from the day before asindustrial and telecom stocks weighed on the market, while U.S. markets were mixed. The S&P/TSX composite index closed down 138 points at 21,873.72.
TORONTO — Canada’s main stock index erased its gains from the day before asindustrial and telecom stocks weighed on the market, while U.S. markets were mixed.
The S&P/TSX composite index closed down 138 points at 21,873.72.
In New York, the Dow Jones industrial average was down 42.77 points at 38,460.92.The S&P 500 index was up 1.08 points at 5,071.63, while the Nasdaq composite was up 16.11 points at 15,712.75.
Markets were off to a better start in the morning thanks to earnings from Tesla the evening before, but uncertainty over interest rates overtook earnings optimism as the day went on, said Pierre-Benoît Gauthier, assistant vice-president of investment strategy at IG Wealth Management.
“We…
