S&P/TSX composite declines Thursday, U.S. stock markets also fall

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S&P/TSX composite declines Thursday, U.S. stock markets also fall
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TORONTO — Canada's main stock index declined Thursday, led by losses in utilities, base metals and telecom, while U.S. markets also fell after the latest...

TORONTO — Canada's main stock index declined Thursday, led by losses in utilities, base metals and telecom, while U.S. markets also fell after the latest report on inflation south of the border.In New York, the Dow Jones industrial average was down 173.73 points at 33,631.14. The S&P 500 index was down 27.34 points at 4,349.61,while the Nasdaq composite was down 85.46 points at 13,574.22.The November crude contract was down 58 cents at US$82.

The December gold contract was down US$4.30 at US$1,883.00 an ounce and the December copper contract was down two cents at US$3.59 a pound.SAN FRANCISCO — The Internal Revenue Service says Microsoft owes the U.S. Treasury $28.9 billion in back taxes, plus penalties and interest, the company revealed Wednesday in a securities filing.

Bond yields will stay high and the Fed's war on inflation isn't over yet, Harvard economist Ken Rogoff saysDigital World Acquisition Corp , the blank-check acquisition company that plans to merge with former U.S. President Donald Trump's social media firm, said on Thursday it would return to investors $533 million raised for a cash infusion in the deal, after some already backtracked on another $467 million of commitments.

Inflation could come roaring back 1970s-style. Here are 4 reasons why markets should be concerned, according to Deutsche Bank.Four TSX stocks struggling today and trading at deep discounts are primed for a strong recovery. The post 4 Struggling Stocks to Buy at a Discount appeared first on The Motley Fool Canada.NEW YORK — Birkenstock shares are stumbling in their debut on the stock market as Wall Street trades in its wingtips for sandals for a day.

A pool of opportunity has begun to form ... and it's growing by the day. The post Just Released: 5 Top Stocks to Buy in October 2023 appeared first on The Motley Fool Canada.

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S&P/TSX composite declines Thursday, U.S. stock markets also fallS&P/TSX composite declines Thursday, U.S. stock markets also fallTORONTO — Canada's main stock index declined Thursday, led by losses in utilities, base metals and telecom, while U.S. markets also fell after the latest report on inflation south of the border. The S&P/TSX composite index closed down 163.
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Most actively traded companies on the Toronto Stock ExchangeMost actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,663.84, up 162.64): Toronto-Dominion...
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S&P/TSX composite up in late-morning trading, U.S. stock markets mixedS&P/TSX composite up in late-morning trading, U.S. stock markets mixedTORONTO — Strength in the technology, telecommunications and financial sectors helped lift Canada's main stock index higher in late-morning trading, while U.S. stock markets were mixed. The S&P/TSX composite index was up 60.36 points at 19,561.
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