​TSX closes higher after yesterday’s huge losses

The Toronto Stock Exchange suffered another turbulent day Tuesday but has ended slightly in positive territory.

The Toronto Stock Exchange suffered another turbulent day Tuesday but has ended slightly in positive territory. Oil prices are on the minds of traders worldwide and Asia’s shares led the way with losses, following a sell-off especially in the energy sector. Europe too was weakened by a pessimistic overtone and it’s also been a bumpy ride south of the border. Canada’s energy shares did show some resurgence after Talisman said there could be another deal on the table but there was a drop in the financial sector. For now, risk adversity is king.

The S&P TSX Composite Index closed up 51.56 (0.36 per cent)

The NYSE closed mixed with only the Nasdaq gaining

Oil is trending higher

Gold is trending higher

The loonie is up against the US dollar

 

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