Ground Dreamstime: Late-Morning Trading and Stock Index

ground dreamstime: The influential materials, energy and financial sectors were lower in late-morning trading as Canada's main stock index lost ground, according to The Toronto Star. Dreamstime It's as if the market is just holding its breath because we are in front of a lot of news, she said in an interview. The 17th anniversary of the terrorist attacks in the United States was basically flat but marked the first TSX gain since Aug. 29, said Catharine Sterritt, portfolio manager for CIBC Asset Management. Sterritt pointed to the prospect of important details coming out of Liberal caucus meetings in Saskatoon about the government's response to the Trans Mountain judicial pipeline decision and the federal response to the U.S. competitive advance from its adoption of accelerated depreciation. The market recovered some of the losses over the past seven trading sessions but was still down 1.8 per cent from when it began to lose ground. Markets are awaiting the conclusion of NAFTA negotiations in the coming weeks as well as China's response to further potential trade tariffs imposed by the U.S. Article Continued Below The S&P/TSX composite index closed up 37.16 points to 16,094.25, after reaching a high or 16,111.65 on 215.6 million shares traded. (news.financializer.com). As reported in the news.