US EditionS&P/TSX composite inches down while U.S. markets see gains
- Canada's main stock index, the S&P/TSX composite, was down 17.02 points at 24,710.51, indicating a slight dip while U.S. Markets recorded gains.
- The Dow Jones Industrial Average rose 20.10 points to 40,113.50, while the Nasdaq composite gained 216.90 points to 17,382.94.
- Stephen Duench stated that analysts' estimates have not been as low as this since COVID, making even small earnings surprises impactful.
- Duench emphasized that firms are likely to focus on share buybacks instead of major investments due to market uncertainty.
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Bradford Today+11 Reposted by 11 other sources
S&P/TSX composite inches down while U.S. markets see gains
TORONTO — Canada's main stock index ended the week with a slight dip, while U.S. markets saw a boost as major American corporate heavyweights began reporting earnings. The S&P/TSX composite index was down 17.02 points at 24,710.51.
·Bradford West Gwillimbury, Canada
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