TORONTO — Canada’s main stock index ticked lower Tuesday, weighed down by losses in telecom, utilities and energy, while the Nasdaq hit a new record thanks to gains in technology stocks. However, U.S.
TORONTO — Canada’s main stock index ticked lower Tuesday, weighed down by losses in telecom, utilities and energy, while the Nasdaq hit a new record thanks to gains in technology stocks.
However, U.S. markets were overall mixed Tuesday after a broadly positive day Monday, heading into a big week with major earnings reports and inflation data on the roster, said Brianne Gardner, senior wealth manager of Velocity Investment Partners at Raymond James Ltd.
“Right now we’re about 40 per cent of the way through the third-quarter earnings season, and so far … the numbers have looked and been really good,” she said.
In New York, the Dow Jones industrial average was down 154.52 points at 42,233.05. The S&P 500 index was…
