2023-01-19 22:04:21

TSX Ends Lower For 2nd Straight Day

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Nasdaq
By Rtt News

(RTTNews) - After opening moderately lower Thursday morning and languishing in negative territory till around mid afternoon, the Canadian market briefly emerged above the flat line before turning weak against to finally end the day's session with a modest loss.

Despite easing worries about interest rates following data showing cooling inflation, the mood remained cautious due to concerns about slowing global economic growth.

The benchmark S&P/TSX Composite Index ended with a loss of 34.79 points or 0.17% at 20,341.44. The index touched a low of 20,258.31 and a high of 20,406.46 intraday.

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