Energy equities nudged up Canada’s main stock index on Tuesday, balancing out a slight drop in the technology and industrial sectors.In New York, the Dow Jones industrial average was up 56.76 points at 38,834.86. The S&P 500 index was up 13.80 points at 5,487.03, while the Nasdaq composite stayed virtually flat with a 5.21-point increase to 17,862.23.
Nasdaq-listed Nvidia, the maker of computer chips that can power AI, passed Microsoft to become the most valuable U.S. company at over $3 trillion. However, the softer demand may ease pressure on consumer prices, “which allows the Bank of Canada to continue on with rate cuts and allows the to potentially execute its first rate cut this year,” Fehr said.
“We've seen a little bit of weakness more recently as well in cyclical areas like energy and financials, which is where the TSX is more heavily weighted.”
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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Energy stocks help nudge S&P/TSX composite higher as indexes ‘tread some water’Energy equities nudged up Canada’s main stock index on Tuesday, balancing out a slight drop in the technology and industrial sectors. The S&P/TSX composite index closed up 23.42 points at 21,611.30.
ذریعہ: SooToday - 🏆 8. / 85 مزید پڑھ »
Energy stocks help nudge S&P/TSX composite higher as indexes ‘tread some water’Energy equities nudged up Canada’s main stock index on Tuesday, balancing out a slight drop in the technology and industrial sectors.
ذریعہ: YahooFinanceCA - 🏆 47. / 63 مزید پڑھ »
Energy stocks help nudge S&P/TSX Composite higher, U.S. stock markets mixedStrength in the energy sector helped Canada's main stock index inch higher on Tuesday as the price of oil moved up.
ذریعہ: BNNBloomberg - 🏆 83. / 50 مزید پڑھ »
S&P/TSX composite index weighed down by energy, U.S. markets riseTORONTO — Weakness in energy and base metals led Canada's main stock index to a loss Tuesday, while U.S. markets rose.
ذریعہ: YahooFinanceCA - 🏆 47. / 63 مزید پڑھ »
Energy and base metals help lift S&P/TSX composite Thursday, U.S. stock markets mixedTORONTO — Strength in energy and base metals helped Canada's main stock index post a small gain Thursday, while U.S. stock markets were mixed.
ذریعہ: YahooFinanceCA - 🏆 47. / 63 مزید پڑھ »
Energy and base metals help lift S&P/TSX composite Thursday, U.S. stock markets mixedTORONTO — Strength in energy and base metals helped Canada's main stock index post a small gain Thursday, while U.S. stock markets were mixed a day after reaching new records. The S&P/TSX composite index closed up 84.08 points at 22,229.10.
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