TSX opens lower on interest rate hike fears


Article content

Canada’s main stock index fell on Wednesday on bets of earlier interest rate hikes and higher bond yields after data showed stronger-than-expected inflation in the United States.

* At 9:32 a.m. ET (13:32 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 48.68 points, or 0.25%, at 19,225.36. (Reporting by Shivani Kumaresan in Bengaluru)



Source link

Latest

Keppel, Sembcorp Marine in talks for marine services deal, sources say

Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters ...

5 Best Transportation Management Systems (TMS) in 2021/2022

Having a robust TMS adopted to your logistics business has become a staple. A sneak peek at the best ready-made TMS solutions in...

How to Use iCalendar for Semi-Predictable but Oddball Events

The iCalendar specification (as in RFC 5545, not to be confused with good ol’ iCal, now known as Apple’s Calendar app) is a...

5 Reasons Why Bybit is an Outstanding Crypto Exchange

One of the most well-known crypto exchanges in the market is Bybit. This cryptocurrency exchange is known all around the world, thanks...