The TSX Composite lost 0.55 per cent, Wednesday, July 6, after the energy sector sank by 3.9 per cent. Oil prices continued to fall
Canada's benchmark index lost 1.02 per cent, Tuesday, July 5, as the energy sector lost 6.8 per cent and even financials fell 0.4 per cent.
Despite the positive day on the TSX, North American markets have been volatile over the previous few months as concerns about an impending economic slump grow.
The TSX Composite Index recorded a 13.84 per cent loss for Q2 2022 as all major sectors close in red Thursday, June 30.
The Canadian benchmark index dwindled by 144.10 points, or 0.8%, to end the session at 19,078.64 on Wednesday, marking a quarter-to-date (QTD) decline of 12.8%.
The TSX Composite Index fell on Tuesday, June 28. Lightspeed Commerce Inc and Shopify Inc lost seven per cent and 6.2 per cent, respectively. However, the energy sector gained.
After Friday's surge, the Canadian market continued its upward momentum and gained 1.02 per cent.
The Canadian market ended the trading session in the green zone as healthcare, energy, and IT sector recorded significant gains.
US stocks gained on Thursday after a steep decline the day before.
The S&P/TSX composite index plunged to its lowest level in over a year on Thursday, June 23, as rising investor concerns about the economy slowing down pressed down on cyclical sectors.