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TSX Stays Negative by Noon

Gold Crumbles, Real-Estate Inches up


Equities in Toronto struggled to reach breakeven, after a recent winning streak put them at heights not seen in months.

The S&P/TSX Composite Index fell 39.64 to greet noon at 15,476.59

The Canadian dollar dropped 0.12 cents to 80.74 cents U.S

ON BAYSTREET

The TSX Venture Exchange retreated 4.52 points to 777.92

All but one of the 12 TSX subgroups were negative midday, as gold settled 0.8%, health-care wilted 0.6%, and consumer staples fell 0.5%.

The lone holdout was in real-estate, up 0.1%.

ON WALLSTREET

U.S. stocks traded in a narrow range Tuesday as technology stocks attempted to recover from their worst day in more than a month.

The Dow Jones Industrials stayed above water 2.26 points to 22,298.35. Apple and UnitedHealth contributed the most to gains in the index.

The S&P 500 regained 1.84 points to 2,498.50. Information technology rose about a quarter of a percentage point to lead S&P 500 advancers, while materials stocks were among the greatest decliners

The NASDAQ improved 9.82 points to 6,380.34

Consumer confidence for September fell to 119.8 from 120.4 in August.

New Home Sales fell 3.4% in August, versus expectations for a gain.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.9% annual gain in July, up from 5.8% the previous month and better than the 5.7% expected by economists

Prices for the benchmark 10-year Treasury note lost strength, raising yields to 2.24% from Monday’s 2.22%. Treasury prices and yields move in opposite directions.

Oil prices slipped 27 cents a barrel to $51.95 U.S.

Gold prices lost $8.20 to $1,303.30 U.S. an ounce