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Page 10 - பாலார்ட் பவர் அமைப்புகள் இன்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CANADA STOCKS-Energy stocks drag down TSX

By Reuters Staff 2 Min Read May 11 (Reuters) - Canada’s main stock index fell on Tuesday, dragged down by energy stocks as the rapid spread of COVID-19 infections in India raised concerns about oil demand. The energy sector dropped 2.5% as U.S. crude prices were down 1.8% a barrel, while Brent crude lost 1.7%. At 9:38 a.m. ET (1338 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 229.27 points, or 1.18%, at 19,132.61. Suncor Energy fell 2.7% after it proposed to develop a clean hydrogen project near Fort Saskatchewan, Alberta, to cut greenhouse gas emissions and tackle climate change. The Canadian dollar weakened against its U.S. counterpart, pulling back from its highest level in three and half years as investors turned cautious ahead of data on Wednesday that is expected to show a jump in U.S. inflation.

The most oversold and overbought stocks on the TSX

The most oversold and overbought stocks on the TSX
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

CANADA STOCKS-TSX rises as materials, energy boost

By Reuters Staff 2 Min Read May 10 (Reuters) - Canada’s main stock index rose on Monday, as heavyweight energy and material stocks climbed 1% boosted by higher commodity prices. Gold prices gained as the tepid U.S. jobs number last week cemented expectations that interest rates will remain low for some time, denting the dollar and boosting non-yielding metal’s appeal. The materials sector, which includes precious and base metals miners and fertilizer companies, added nearly 1%. The energy sector also rose 1% as oil prices gained after a cyberattack forced the shutdown of major fuel pipelines in the United States and raised concerns about supply disruption, outweighing rising coronavirus cases in Asia.

ETFs to ride on an electric vehicle boom

ETFs to ride on an electric vehicle boom
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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