A look at Friday morning’s market action
World stocks edged lower as uncertainty across major economies added to headwinds for investors, while a global outage hitting services from airlines, banks and financial services capped a turbulent week in markets.In Canada, investors are eyeing results from Choice Properties REIT.“Investors are already on edge for this tech rotation and this global outage adds a further dose of uncertainty,” said Ben Laidler, head of equity strategy at Bradesco BBI.
Oil prices fell, setting up for a second weekly decline, as mixed economic signals the U.S. and China weighed on investor sentiment. “Crude oil was under pressure amid a broader risk-off tone across markets,” ANZ analyst Daniel Hynes said. Spot gold was down 0.4 per cent at US$2,434.38 an ounce,. U.S. gold futures fell 0.8 per cent to US$2,435.70.The Canadian dollar weakened against its U.S. counterpart, which distanced itself from a four-month low on strong economic data.
Dow Jones Tsx S&D Equities Futures Oil Gold Silver Bonds Canadian Dollar Loonie Newnewsletter
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Before the Bell: What every Canadian investor needs to know todayA look at Friday morning’s market action
Read more »
Before the Bell: What every Canadian investor needs to know todayA look at Thursday morning’s market action
Read more »
Before the Bell: What every Canadian investor needs to know todayA look at Wednesday’s morning’s market action
Read more »
Before the Bell: What every Canadian investor needs to know todayA look at Tuesday morning’s market action
Read more »
Before the Bell: What every Canadian investor needs to know todayA look at Monday morning’s market action
Read more »
Before the Bell: What every Canadian investor needs to know todayA look at Thursday morning’s market action
Read more »