Skip to main content

Featured

Your daily horoscope: March 18, 2026

  IF TODAY IS YOUR BIRTHDAY Anyone who thinks you are too timid to strike out on your own will be proved totally wrong over the coming year. A Pisces new moon, plus the influence of changes planet Uranus, will empower you to do magical things. ARIES (March 21 - April 20): The time is approaching when you will get the chance to make amends for recent failures and show the world you are still a force to be reckoned with. Use the Pisces new moon to draw a line under the past, then stride confidently into the future. TAURUS (April 21 - May 21): As well as a new moon there is a fine link today between the sun and changes planet Uranus, which will give you the confidence to strike out in a new direction. Your willingness to take chances will surprise everyone, including yourself. GEMINI (May 22 - June 21): Reach out and seize the rewards and applause you know you deserve. Don’t worry about getting on the wrong side of your employer or your rivals because it is only by being forceful that...

article

Stock Market Today : October 3, 2023


 The Canadian stock market continued its downward trend today. As represented by the S&P/TSX Composite Index, closed at 19,020.92 on October 3, 2023, down by 0.81% from the previous day’s close. The S&P/TSX 60 Index also fell by 0.83% to close at 1,141.80. The S&P/TSX Venture Composite index decreased by 1.68% to close at 536.26. The top gainers on the TSX were Cameco Corporation, Canadian Natural Resources Limited, and Barrick Gold Corporation, while the top losers were Baytex Energy Corp., Algonquin Power & Utilities Corp., and Enbridge Inc. 

In the US, the Dow Jones Industrial Average (DJIA) closed at 35,258.32, up by 0.10% from the previous day’s close . The S&P 500 index closed at 4,543.76, up by 0.15% from the previous day’s close. The NASDAQ Composite index closed at 15,235.89, up by 0.31% from the previous day’s close. The top gainers on the DJIA were Boeing Co., Goldman Sachs Group Inc., and JPMorgan Chase & Co., while the top losers were Apple Inc., Microsoft Corp., and Visa Inc. .

The reason the markets were down today, is due to the fact  that the 10-year Treasury yield climbed again on October 3, 2023, up to 4.80% from 4.69% late Monday and from just 0.50% early in the pandemic. This increase in yield came after a report showed U.S. employers have many more job openings than expected. Another reason is that there is ongoing debt ceiling drama that is slowly eroding confidence in the country. However, it is important to note that there could be other factors contributing to this decline as well.



Comments