The TSX’s market open unfortunately faltered by today’s close, while the CSE saw a similar trend but ended with a positive gain at the bell. Altogether, this had the Canadian markets finishing the year on a low note.
Matters may have been worse if it weren’t for the energy sectors creating a profit today, and throughout 2022.
Down south of the border, the U.S. markets also ended closed their markets on a poor note with the Dow having its worst year since 2008 and the S&P 500 down for the day and for all of 2022.
Today in the Markets TSX 19,384.92 -100.92 TSXV 570.27 +5.50 CSE 196.72 +1.32 DJIA 33,147.25 -73.55 NASDAQ 10,466.48 -11.61 S&P 500 3,839.50 -9.78
The Canadian dollar traded for 73.85 cents US, compared to 73.83 cents US on Thursday.
US crude futures traded $ 1.96 higher at $ 80.42 a barrel, and the Brent contract went up $ 3.65 to $ 85.91 a barrel.
The price of gold was up US$ 8.48 to US$ 1,823.60.
In world markets, the Nikkei was up 0.83 points to 26,094.50, the Hang Seng was up 40.27 points to 19,781.41, the FTSE was down 60.98 points to 7,451.74, and the DAX was down 148.13 points to 13,923.59.
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The post @ the Bell: Tight close for the day but low for the year appeared first on The Market Herald.
@ the Bell: Tight close for the day but low for the yearStock