Energy Industry News

Tech and energy stocks lift S&P/TSX composite, U.S. stock markets mixed

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 99%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Canada's main stock index posted modest gains Wednesday as strength in energy and technology, among other sectors, helped outweigh weakness in base metals, while U.S. markets were mixed.

Markets were “all over the place” Wednesday, said Michael Currie, senior investment adviser at TD Wealth.

“There's a report that the Biden administration is considering restricting sales of AI chips to China. So all those stocks got hit down pretty hard,” Currie said. Most of the central bank leaders on the panel agreed that strong labour markets are helping push prices higher, and that interest rates are expected to keep rising in the fight against inflation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 1. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tech and energy stocks lift S&P/TSX composite, U.S. stock markets mixed | Globalnews.caTech and energy stocks lift S&P/TSX composite, U.S. stock markets mixed
Source: GlobalNational - 🏆 81. / 51 Read more »