S&P/TSX composite up slightly, U.S. markets dip despite earlier gains

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TORONTO — Canada's main stock index managed a slight gain Thursday as tech and financial stocks rose, while U.S. markets slipped into small losses despite...

TORONTO — Canada's main stock index managed a slight gain Thursday as tech and financial stocks rose, while U.S. markets slipped into small losses despite earlier gains.In New York, the Dow Jones industrial average closed down 38.62 points at 39,869.38 after cresting 40,000 points for the first time earlier in the day. The S&P 500 index ended down 11.05 points at 5,297.10, while the Nasdaq composite was down 44.07 points at 16,698.32.The July crude oil contract was up 60 cents at US$79.

The June gold contract was down US$9.40 at US$2,385.50 an ounce and the July copper contract was down four cents at US$4.88 a pound.Netflix announced it will be the home of Christmas Day football games through 2026. Comscore Senior Media Analyst Paul Dergarabedian joins Catalysts to discuss the move and the streaming company's dip into the sports world. "People will know where to go on Christmas Day, particularly those who are Netflix subscribers.

Recent 13F filings, or quarterly holdings reports filed by institutional investment managers with the Securities and Exchange Commission have shed light on hedge funds' exposure. Investment in the tech sector increased the most, while exposure to real estate grew by the least. Yahoo Finance Anchors Madison Mills and Seana Smith break down the latest developments in the 13F filings for the broader market.

 

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S&P/TSX composite posts new record Thursday, U.S. markets also riseTORONTO — Canada's main stock index rose to a new record high, led by strength in energy, telecom and base metals, while U.S. markets also moved higher. The S&P/TSX composite index closed up 116.67 points at 22,375.83.
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