S&P/TSX composite closes up as energy and tech stocks rise, outpacing U.S. markets

Date:

Canada’s main stock index closed up on Thursday, buoyed by strength in the energy and technology sectors, while U.S. stock markets notched muted gains. The S&P/TSX composite index climbed 148.26 points to 21,942.16.

Canada’s main stock index closed up on Thursday, buoyed by strength in the energy and technology sectors, while U.S. stock markets notched muted gains.

The S&P/TSX composite index climbed 148.26 points to 21,942.16.

In New York, the Dow Jones industrial average was up 36.26 points at 39,164.06. The S&P 500 index was up 4.97 points at 5,482.87, while the Nasdaq composite was up 53.53 points at 17,858.68.

A stronger performance by equities north of the border over the past couple of days can be traced to different reactions to economic news. Assumptions of a slowdown are already baked into expectations here, while recognition in the U.S. of a potential comedown from the record stock highs of the past six months is…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...