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Canadian Financial Close: TSX down on light trading day

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Published: July 4, 2017

By Commodity News Service Canada

July 4 (CNS Canada) – The TSX fell to seven-month lows Tuesday. Precious metal and technology companies shed values are were credited with much of the decline.

The S&P/TSX index saw light trading and closed down 51.58 points at 15,130.61, a fall of .34 per cent.

Financial markets in the United States were closed for the Independence Day holiday.

In previous sessions, the Dow Jones closed at 21,479, the S&P 500 closed at 2,429.01 and the Nasdaq closed at 6,110.06.

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Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Friday but still ended the week slightly higher than the last….

The Canadian dollar was up slightly against its U.S. counterpart on Tuesday to 77.28 cents U.S., or C$1.294 per US$1. The Bank of Canada was closed July 3 for the Canada Day holiday, but the dollar ended the day on June 30 at 77.06 cents U.S., or C$1.298 per US$1.

Speculation continues to grow that the Bank of Canada will increase its key lending rates at its first opportunity July 12.

WTI crude ended the day at US$47.08, a fall of one cent, or .02 per cent.

Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–dn $ 0.16 at $ 23.12
Agrium Incorporated———-up $ 1.22 at $118.75
Buhler Industries————– $ 0.00 at $ 4.23
Maple Leaf Foods————— $ 0.00 at $ 32.74
Potash Corp. of Sask———up $ 0.35 at $ 22.49

(All figures are in Canadian dollars.)

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