|Day's Range||14,778.90 - 14,902.69|
|52 Week Range||14,610.20 - 16,586.50|
Tech stocks fall and pot stocks stumble, but as fears of an economic slowdown emerge, consumer staples stocks shine on the TSX.
North American stock markets have been having a tough go of it lately. The situation has been far worse for emerging markets. But when it comes to investing, chaos can also breed opportunity.
North American markets closed higher as health-care stocks gained on both sides of the border Wednesday in the aftermath of the U.S. midterm elections. In Canada, the sector gained nearly five per cent as several cannabis stocks surged following the resignation of marijuana critic U.S. Attorney General Jeff Sessions. Aurora Cannabis closed up almost nine per cent, Canopy Growth Corp. eight per cent and Aphria Inc. 3.7 per cent.
The S&P/TSX Composite Index (TSX:^OSTPX) isn’t nearly as diversified as you may think. Here’s what else you should consider investing in for stability or growth.
NEW YORK (Reuters) - * The Toronto Stock Exchange's S&P/TSX fell 266.18 points, or 1.62 percent, to 16,183.96. * The biggest contributor to the TSX loss was Suncor Energy with 22.4 net index points. Financials were the top sector contributor to the decline, with 88.7 net points. * Leading the index were Detour Gold Corp , up 3.4 percent, Aphria Inc , up 2.6 percent, and Canada Goose Holdings Inc , higher by 2.1 percent. * Lagging shares were Hudbay Minerals Inc , down 6.3 percent, BlackBerry Ltd, down 5.9 percent, and Shopify Inc, lower by 5.8 percent. ...
Following the adage "sell in May and go away" is rarely profitable, particularly for defensive stocks like Lassonde Industries Inc. (TSX.LAS.A).