Markets

TSX At 10am -- Shrugs Off News Of Further US Sanctions Against Russia, Hits Record High, Mostly Negative Sectors

The TSX hit another record high this morning, of 15261. It is now up nearly 25 points this morning, but with sectors mostly negative.

Industrials are the biggest gainer this morning, up 1.2%. CP Rail (CP.TO),which announced its results this morning, is up 3.5% to a record high on the TSX. Energy is the next biggest gainer, up 0.09%.

The biggest loser this morning is info tech, down 0.46%. Blackberry (BB.TO) continues to fall, for the second straight day after news of the Apple/IBM hookup to woo business customers broke two days ago.

The TSX appears to be unaffected by news of the latest round of US sanctions against Russia, as Kiev reported a Russian jet had shot down one of its warplanes, its strongest accusation yet of direct Russian military involvement in the war, Reuters reported.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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