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Your daily horoscope: December 5, 2024

  HOROSCOPES IF TODAY IS YOUR BIRTHDAY Friends and colleagues will look to you for guidance this year and you must be ready and willing to give it to them. You may not think of yourself as a leader or a guru but others can sense you know things that they do not – and they’re right. ARIES (March 21 - April 20): Start off slow today and allow events to carry you along at their own natural speed. As the first sign of he zodiac you have a tendency to want to be ahead of everyone else but sometimes, as now, it makes sense to pace yourself. TAURUS (April 21 - May 21): There is a lot going on behind the scenes at the moment but there is no reason to believe that any of it will be bad for you. The message of the stars is to stay sharp but not to the extent that you are constantly on edge. GEMINI (May 22 - June 21): It may be hard to decide what you should be doing while Mercury is moving through its retrograde phase but why do you feel you have to make that decision? Cosmic activity in you...
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S&P/TSX Composite Falls 1.2% as U.S. Markets Show Mixed Performance

Canada’s main stock index, the S&P/TSX Composite, declined by 1.2% on Thursday. The losses were primarily driven by weakness in the energy, financial, and base metal sectors. Meanwhile, U.S. markets displayed mixed performance. Here are the key details:

  • S&P/TSX Composite Index: Closed down 263.44 points at 21,698.11.
  • U.S. Markets:
    • Dow Jones Industrial Average: Down 65.11 points at 38,647.10.
    • S&P 500 Index: Up 12.71 points at 5,433.74.
    • Nasdaq Composite: Up 59.13 points at 17,667.56.

Notably, U.S. wholesale inflation data came in weaker than expected, raising the possibility of a second interest rate cut in the U.S. this year. The Federal Reserve’s stance remains data-dependent, and market watchers are closely monitoring economic indicators.

In Canada, expectations point to three or four rate cuts by year-end. The tech sector led gains in U.S. equity markets, with chipmakers like Broadcom and Nvidia performing well.

Commodity prices also saw movement:

  • July crude oil contract: Up 12 cents at US$78.62 per barrel.
  • July natural gas contract: Down nine cents at US$2.96 per mmBTU.
  • August gold contract: Down US$36.80 at US$2,318.00 per ounce.
  • July copper contract: Down nine cents at US$4.48 per pound.

The Canadian dollar traded at 72.75 cents US compared to 72.99 cents US on the previous day. 

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