• CL
• LCO

Oil trims losses on tight near-term supply

Oil prices rose slightly due to supply tightness, despite OPEC lowering demand forecasts for 2024 and 2025, primarily influenced by China’s weakening demand.

• CL
• GC
• IBOV
• USD/BRL

Brazil stocks lower at close of trade; Bovespa down 0.14%

Brazil stocks fell, led by declines in Basic Materials and Electric Power sectors. Bovespa hit a three-month low; Localiza Rent a Car and Hapvida were top performers.

• AMGN
• AMZN
• CL
• DJI
• DOW
• DX
• DXCM
• EUR/USD
• GC
• HON
• INTC
• IXIC
• LCO
• LYV
• MOS
• MSFT
• TSN
• US500
• USD/JPY
• VIX

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.86%

• ASTL
• CAD/USD
• CL
• DML
• DX
• GC
• GSPTSE
• LCO
• NTR
• SHOP
• TLRY

Canada stocks higher at close of trade; S&P/TSX Composite up 0.54%

Canadian stocks rose with gains in IT and mining, led by Shopify's significant increase. The S&P/TSX Composite hit an all-time high despite more declining stocks.

• CL
• LCO

Low crude oil inventories may support higher 2025 prices

Wells Fargo predicts low crude oil inventories and improved economic conditions could lead to price increases in 2025, potentially reaching $85–$100 per barrel.

• AEX
• CL
• EUR/USD
• GC
• LCO

Netherlands stocks lower at close of trade; AEX down 1.49%

Dutch stocks fell 1.49% driven by losses in key sectors. Basic materials, financials, and telecoms saw significant declines, while oil prices rose.

• CL
• DX
• EUR/USD
• FCHI
• GC
• LCO
• SBF120

France stocks lower at close of trade; CAC 40 down 2.69%

• CL
• GC
• LCO

Finland stocks lower at close of trade; OMX Helsinki 25 down 2.25%

Finland stocks closed lower, closing at a 3-month low. Major declines in Basic Materials, Healthcare, and Industrials led to significant losses among key companies and sectors.

• CL
• GC
• LCO
• USD/SEK

Denmark stocks lower at close of trade; OMX Copenhagen 20 down 2.82%

Denmark's stock market closed lower, led by declines in Healthcare, Oil & Gas, and Financials. Notable losers included Zealand Pharma and Novo Nordisk.

• BAM
• CL
• GC
• HG
• LCO
• SHOP

TSX hits record high on tech boost after Shopify's earnings

Canada's stock index reached a record high, boosted by a 20% rise in Shopify's shares following strong quarterly results.