The TSX slumped again today but it wasn’t all down to energy, banks and minerals.
The TSX slumped again today but it wasn’t all down to energy, banks and minerals. Consumer shares have also taken a hit today; in fact all ten industries in the index fell. Retail stocks dropped as an index of manufacturers of concessionary goods took its biggest fall in 3 years. Mining stocks fell as the price of copper and other metals declined as the World Bank forecast global economic weakness. Banks and energy firms also ended with losses.
The S&P/TSX Composite Index closed 102.73 (0.72 per cent)
The NYSE closed lower
Oil is trending slightly lower
Gold is trending lower
The loonie is down against the US dollar ($0.8372 at close)
The S&P/TSX Composite Index closed 102.73 (0.72 per cent)
The NYSE closed lower
Oil is trending slightly lower
Gold is trending lower
The loonie is down against the US dollar ($0.8372 at close)
