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HomeBusinessThe TSX closes down and Wall Street is also mainly down

The TSX closes down and Wall Street is also mainly down

Moreover,

Tsx closes down wall street:

(Toronto) The main Canadian stock index closed on Thursday. Furthermore, while the US markets finished in dispersed order, following the entry into force of the numerous customs rights imposed by US President Donald Trump on certain countries. Consequently,

Posted at 10:29 a.m. Updated at 5.29 p.m.

The increase in customs duties has affected more than 60 countries. Therefore, the European Union, ranging from a minimum of 10 % to a vertiginous rate of 50 % for Brazil, after an increase last week of customs duties to 35 % for Canadian products not covered by the Canada-US-Mexico agreement. Consequently,

tsx closes down wall street

This decision has contributed to darkening a quarter whose results have largely exceeded expectations. Therefore, said Graham Priest, portfolio manager at Blueshore Financial. Nevertheless,

“Several companies have published results, and overall, several of them have exceeded expectations,” Priest analyzed. Furthermore, But uncertainty always hovers as to the future impact of customs duties. the repercussions they will have on future benefits. »»

The S & P/TSX compound index of the Toronto prosecutor’s office finished the session down 159.60 points to 27,761.27 points, under the effect of generalized losses, which were partially offset by gains in the telecommunications and public services sectors.

Canadian Companies in the Consumer Sector recorded some of the strongest decrees on Thursday. including Canadian Tire, which lost more than 10 % after announcing profits decreasing tsx closes down wall street compared to the previous year.

The Dorel and Restaurant Brands International industries have lost more than 5 %.

In New York, the average Dow Jones of industrial values lost 224.48 points at 43,968.64 points. The enlarged S&P 500 index fell from 5.06 points to 6,340.00 points, while the nasdaq index increased from 73.27 points to 21,242.70 points.

The NASDAQ has increased in part thanks to the increase of more than 3 % of Apple. which hopes that its imposing size will allow it to cross the economic crisis of Donald Trump.

Its action climbed after its CEO. Tim Cook, joined the president at the White House on Wednesday to announce an additional $ 100 billion of his investments in the American manufacturing sector over the next tsx closes down wall street four years.

On the currency market, the Canadian dollar exchanged during the average price of 72.71 cents US, down compared to that of 72.75 cents US on Wednesday.

Statistics Canada will provide a more precise overview of the Canadian economy state. on Friday when posting employment data for July.

On the New York Raw Material Stock Exchange. the price of crude oil, for delivery in September, fell from US 47 cents to US $ 63.88 per barrel.

The price of gold, for delivery in December, increased from US $ 20.30 to US $ 3,453.70 per Once.

Tsx closes down wall street

Further reading: India air disaster: fuel supply cut just before crushingThe spectacular return of the same stocks to Wall StreetSweet corn from Neuville: difficult start to the season for cultivatorsWant to detect radars on Google Maps? This unstoppable tip allows you to do it in a few minutesQuebec government websites closed due to Microsoft’s security flaw.

briar.mckenzie
briar.mckenzie
Briar’s Seattle climate-tech dispatches blend spreadsheet graphs with haiku about rain.
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