u.s: The Canadian dollar was trading at an average of 76.84 cents U.S. compared with an average of 76.22 cents U.S. on Tuesday, according to The Toronto Star. Frank Gunn / THE CANADIAN PRESS We're not there yet and I think the market is just expressing a little bit of caution there and just waiting for some sort of tangible news on the NAFTA front, she said in an interview. There was a disconnect as the overall market didn't benefit from higher commodity prices because of uncertainty over NAFTA negotiations, said Candice Bangsund, vice-president and portfolio manager for Fiera Capital. That NAFTA overhang has really weighed on the index fairly generally and the hope is that we do get some sort of positive news on that front and likely could see a relief rally on Canadian stocks. The decrease came a day after the market hit its first daily gain in September. The S&P/TSX composite index closed down 45.23 points to 16,049.02, after hitting a low of 15,993.58 on 266.3 million shares traded.
(news.financializer.com). As
reported in the news.
Tagged under u.s, cents topics.