TSX snaps green streak & ends May in red, bond market & loonie gain

May 31, 2022 05:30 PM EDT | By Sundeep Radesh

TSX snaps green streak & ends May in red, bond market & loonie gain — Image source: Copyright © 2021 Kalkine Media Pty Ltd.

Movers and laggards

Wall Street updates

The Dow closed lower by 222.84 points, 0.67 per cent, at 32,990.12 points, while the S&P 500 gave away 26.09 points, 0.63 per cent, to end at 4,132.15 points. Nasdaq’s benchmark was down 49.74 points, 0.41 per cent, to 12,081.39.

Commodities gain

Gold lost 0.38 per cent to US$ 1,848.40. The price of Brent oil rose 4.46 per cent and was at US$ 122.84/bbl and that of crude oil fell 2.5 per cent to US$ 114.67/bbl.

Currency news

The loonie gained 0.09 per cent compared to the US dollar while USD/CAD ended at 1.2644. The US Dollar Index was at 101.77 against the basket of major currencies, up 0.1 per cent.

Money market

The US 10-year bond yield was up 1.8 per cent to 2.862 and the Canada 10-year bond yield was up 2.27 per cent to 2.908.

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