market concerns: Six of the TSX index eight main sub-sectors were higher, according to Xinhua China. North American stock markets were all higher as better Chinese economic data helped to calm jitters over Turkey failed coup. The Toronto Stock Exchange benchmark Standard & Poor's/TSX Composite Index gained 49.98 point, or 0.35 percent, to close at 14,532.40 points. Growth in China economy held steady at 6.7 percent in the second quarter of the year, compared to a year earlier, supported by better-than-expected factory output and retail sales. Oil prices dropped on Monday as rising U.S. crude rigs and fuel inventories spurred market concerns that another glut is building up. TSX stayed positive as banks, some consumer stocks, industrials and materials gained, while energy shares weighed with lower oil prices.
(news.financializer.com). As
reported in the news.
Tagged under market concerns, consumer stocks topics.