S&P/TSX composite down in late-morning trading in broad-based decline

TORONTO — Canada's main stock index was down in late-morning trading as shares in the industrial and telecom sectors fell as part of a broad-based decline on the Toronto stock market.U.S. markets are closed today in observance of the Juneteenth holiday.The August crude oil contract was up 42 cents at US$81.13 per barrel and the July natural gas contract was down four cents at US$2.87 per mmBTU.

The August gold contract was down US$6.00 at US$2,340.90 an ounce and the July copper contract was up two cents at US$4.51 a pound.Shares of Trump Media – Trump’s namesake social media company – tumbled again Tuesday, continuing its long slide after his hush money guilty verdict.C$ rises; bearish bets on currency reach all-time high

The Canadian dollar edged higher against its U.S. counterpart on Monday as investors awaited further insight into the Bank of Canada's move to cut interest rates and after speculators raised their bearish bets on the currency to a record high level. As of June 11, non-commercial accounts had increased their net short positions in the Canadian dollar to 129,493 contracts from 91,639 in the prior week, data on Friday from LSEG and the U.S. Commodity Futures Trading Commission showed..

Canadians getting more anxious about their finances as they await more rate cuts from the Bank of CanadaOne of the world’s largest technology funds is set to ramp up its exposure to Nvidia, which has become the world's most valuable company following a blistering run in its shares. The $72.

Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early adapters of the technology.Cheap TSX dividend stocks such as Stella-Jones should be part of your shopping list in June 2024. The post 2 Absurdly Cheap Stocks to Buy and Hold for Years appeared first on The Motley Fool Canada.

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S&P/TSX composite index rises after Bank of Canada rate cut, U.S. markets rallyTORONTO — Gains in base metals, utilities and industrials helped lead Canada's main stock index higher Wednesday, after the Bank of Canada announced a highly anticipated interest rate cut, while U.S.
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