TSX flat as oil falls, U.S. stock markets mixed after Fed holds interest rates steady

  • 📰 SooToday
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 85%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

TORONTO — Canada's main stock index eked out a gain Wednesday even as energy stocks fell, while U.S. markets stumbled to a mixed close after the central bank held interest rates steady.

TORONTO — Canada's main stock index eked out a gain Wednesday even as energy stocks fell, while U.S. markets stumbled to a mixed close after the central bank held interest rates steady.

The S&P/TSX composite index closed up 14.01 points at 21,728.55. The energy index was down 1.7 per cent as oil fell below US$80 per barrel on Wednesday. The Fed also offered markets a small bone, saying it would slow the pace of how much it’s shrinking its holdings of Treasurys, a move that could offer some stability to the bond market.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S&P/TSX composite down as oil falls, U.S. stock markets mixed ahead of Fed decisionTORONTO — Canada's main stock index was lower in late-morning trading, weighed down by losses in the energy stocks as the price of oil fell, while U.S. stock markets were mixed ahead of the Federal Reserve's interest rate decision this afternoon.
Source: SooToday - 🏆 8. / 85 Read more »

TSX posts small gain, U.S. markets rise ahead of Fed rate meeting and earningsTORONTO — Strength in base metals helped Canada's main stock index post a small gain Monday, while U.S. markets also rose. U.S. markets were muted ahead of a big week for earnings reports, as well as a Wednesday interest rate decision by the U.S.
Source: SooToday - 🏆 8. / 85 Read more »