Stocks in Toronto Have Stage to Themselves - InvestingChannel

Stocks in Toronto Have Stage to Themselves

Canada’s main stock index futures fell on Thursday, as a U.S. bill backing Hong Kong’s protest became law, adding to uncertainties surrounding an interim trade deal between Washington and Beijing.

The TSX Composite Index gained 64.69 points to conclude trade on Wednesday at 17,100.57

The Canadian dollar eased 0.03 cents to 75.24 cents U.S. early Thursday

December futures dipped 0.2% Thursday.

TMX Group is looking into allegations about the past conduct of its chief executive officer.

RBC cut the target price on Bank of Nova Scotia to $78.00 from $80.00

Canaccord Genuity raises target price on Calian Group to $45.00 from $40.00

Scotiabank raises target price on Linamar to $66.00 from $60.00

On the economic calendar, Statistics Canada reported that average weekly earnings of non-farm payroll employees were $1,042 in September, up 0.9% from August.

Compared with September 2018, earnings grew by 4.0%, continuing an upward trend observed since March.

Overseas, in Japan, the Nikkei 225 subtracted 0.1% Thursday, while in Hong Kong, the Hang Seng Index fell back 0.2%.

Oil prices were off 30 cents at $58.11 U.S. a barrel.

Gold prices handed back $1.52 to $1,455.17 U.S. an ounce.

ON BAYSTREET

The TSX Venture Exchange recovered 2.08 points Wednesday to 533.81

ON WALLSTREET

U.S. markets are shuttered for the Thanksgiving Day Holiday. They will return Friday for a partial session.