TORONTO — Canada's main stock index moved lower on Friday, as companies and organizations around the world grappled with outages stemming from a faulty...
TORONTO — Canada's main stock index moved lower on Friday, as companies and organizations around the world grappled with outages stemming from a faulty CrowdStrike software update, while U.S. stock markets also fell.In New York, the Dow Jones industrial average was down 333.76 points at 40,331.26. The S&P 500 index was down 15.84 points at 5,528.75, while the Nasdaq composite was down 47.12 points at 17,824.11.The September crude oil contract was down 81 cents at US$80.
"We reiterate our Buy rating on NVDA as the meeting reinforced our belief in the sustainability of the ongoing Gen AI spending cycle," Goldman said.Bank of Canada to cut rates on July 24, then twice more in 2024: Reuters Poll
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