By Ketki Saxena
Investing.com – The TSX closed in the red today, while Wall Street traded on a mixed note, as economic data from the US came in mixed.
JOLTS data showed US job openings in October dropped to their lowest level since early 2021, indicating a cooling labour market. US Services activity meanwhile ticked higher in November.
Market sentiment also remained cautious ahead of non-farm payrolls, another key employment report likely to provide further insight into the Fed’s policy path moving forward. Canadian investors meanwhile will await a decision tomorrow by the Bank of Canada, where the Canadian central bank is widely expected to keep rates on hold.
Toronto Stock Market News
North West Company (TSX:NWC) shares rose to the top of the TSX after RBC (TSX:RY) raised its price target on the stock.
Royal Bank of Canada (TSX:RY) has been hit with a $7.4-million penalty by Canada's financial intelligence agency, FINTRAC. The fine is related to violations for non-compliance with rules for anti-money laundering and terrorist financing.
AltaGas (TSX:ALA) announced a dividend increase to $1.19 per share Tuesday. The company has also upped its guidance for the upcoming year, projecting a normalized earnings per share range of $2.05 to $2.25 and EBITDA between $1.68 billion and $1.78 billion.
For earnings, view our earnings calendar.
Toronto Stocks Moving Markets Today
Top Gainers on the TSX Today:
- Northwest Healthcare Properties REIT (TSX:NWH_u)
- Nuvei (TSX:NVEI)
- Sleep Country Canada Holdings Inc (TSX:ZZZ)
Top Losers on the TSX Today:
For all Toronto Stocks Moving Markets today, view our Canada Markets Page.
In Canadian Economics
The S&P Global Canada services headline PMI came in at 44.5 in November, marking the lowest reading since June 2020. A reading under 50 indicates a contraction.
For all Canadian economic releases, view our economic calendar.
All currencies Canadian Dollar unless noted otherwise.