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S&P/TSX composite slides, U.S. markets mixed amid fresh earnings results
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Advisor.ca
AdobeStock-BillionPhotosCanada’s main stock index fell on Thursday, while U.S. markets were mixed amid the latest release of corporate earnings.
Angelo Kourkafas, senior investment strategist at Edward Jones, said that equity markets were experiencing some volatility following mixed reports from U.S. technology companies and geopolitical uncertainty.
The S&P 500 index was down 9.02 points at 6,969.01, while the Nasdaq composite was down 172.33 points at 23,685.12.
More stocks rose within the S&P 500 than fell.
Canadian investors also digested earnings reports from Canadian Pacific Kansas City Ltd. and Rogers Communications Inc. Shares for those companies rose 5.13% and 5.69%, respectively.