There was a brief respite for the Toronto Stock Exchange as Talisman Energy and consumer shares gave the index a boost; in fact 7 of the 10 sectors gained for a while. However world markets continue to be dominated by oil prices and that was further punished with another statement from OPEC that it was not intending to cut production. Considering the recent drops though today’s closing status was moderate.
The S&P TSX Composite Index closed down 36.98 (0.27 per cent)
The NYSE closed lower
Oil is trending lower
Gold is trending lower
The loonie is up against the US dollar