TSX edges lower with energy in red as oil prices fall

2 min read | March 03, 2022 05:30 PM EST | By Sundeep Radesh

TSX edges lower with energy in red as oil prices fall — Image source: Copyright © 2021 Kalkine Media Pty Ltd.

Movers and laggards

Wall Street update

Wall Street, similarly, saw some losses. The Dow was down 96.69 points, 0.29 per cent, to 33,794.66 and the S&P 500 pushed lower by 23.05 points, 0.53 per cent, to 4,363.49 points. Nasdaq’s benchmark plummeted 214.08 points, 1.56 per cent, to 13,537.94.

Commodities update

Gold gained 0.71 per cent to US$ 1,935.90. Oil prices fell. Brent oil lost 2.19 per cent and was at US$ 110.46/bbl and crude oil was down 2.65 per cent to US$ 107.67/bbl.

Currency news

The loonie posted a 0.41 per cent loss Thursday while USD/CAD ended at 1.2680. The US Dollar Index was at 97.79 against the basket of major currencies, up 0.41 per cent.

Money market

The US 10-year bond yield was down 2.02 per cent to 1.840 and the Canada 10-year bond yield was down 2.25 per cent to 1.778.

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