TSX lower as Chinese market fall hits sentiment

TSX lower as Chinese market fall hits sentiment

TSX lower as Chinese market fall hits sentiment TSX lower as Chinese market fall hits sentiment
Global sentiment was lower Tuesday as Chinese stocks fell amid continued volatility for the yuan and weakness in the economy.
The poor showing for the Asian markets spread to Europe, where markets also closed lower, and then to North America with Wall Street and Toronto closing with losses.
The advance of gold miners, which kept the TSX above water in the previous session, was not repeated Tuesday as the metal’s price headed lower.
The S&P/TSX Composite Index closed down 57.66 (0.40 per cent)
The Dow Jones closed down 33.84 (0.19 per cent)
Oil is mixed (Brent lower at $48.54, WTI higher at $42.44 at 4.20pm)
Gold is trending lower (1116.80 at 4.20pm)
The loonie is valued at U$0.7656
 
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