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Stock Market Summary on August 10, 2023
Canadian Stock Market Summary
The Canadian stock market ended the day with modest gains on Tuesday, August 10, 2023, as energy and health care stocks led the advance. The S&P/TSX Composite Index rose 0.343% to 20,275.27, while the S&P/TSX Venture Composite Index gained 0.676% to 603.55.
US Stock Market Summary
The US stock market closed mixed on Tuesday, August 10, 2023, as investors weighed inflation data and earnings reports. The Consumer Price Index (CPI) rose 0.5% in July, slightly below expectations, but still the highest annual rate in 13 years. The core CPI, which excludes food and energy, rose 0.3%, also below forecasts. The Dow Jones Industrial Average rose 0.46% to 35,264.67, while the S&P 500 edged up 0.1% to 4,436.75. The Nasdaq Composite fell 0.49% to 14,788.09, dragged down by technology stocks
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