For FullyInformed members here is the Market Direction Outlook for the Toronto Stock Exchange for Friday Dec 4 2015.
On Thursday the TSX lost 139.15 points for a drop of 1.03%. It did though close off the lows of the day. The problem was the sell-off in Europe that spread to North American equities over the lack of an expansion of the stimulus the ECB is providing. The big bank stocks pulled back despite strong profits in the latest quarterly results.
Canadian National Railway Stock fell to $77.85 on news that overall shipments have slipped. CP Rail fell in sympathy, closing at $188.41 down 1.3%.
Gold stocks rose along with the materials sector and energy stocks but the drop in financials outweighed their advances leading the TSX with a loss for the day…….. the rest of the TSX Market Direction Outlook is for FullyInformed Members.
TSX Market Direction Outlook for Dec 4 2015
FullyInformed Members can login through this link to read the latest market direction outlook for the Toronto Stock Exchange or they can sign in to the full members site here. Non-members can join here or review the benefits of a membership.
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