The Canadian Vanguard Stock Market Report At Market Close – Thursday, October 17, 2024
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The Toronto Market
Today, the TSX composite index advanced 129.28 points or 0.53% to close the market session at 24,690.48. The TSX is on a roll. It advanced two consecutive sessions (yesterday and today) increasingly higher into record territory.
Today’s Statistics: Today, the gaining issues (Advancers) outnumbered the declined issues (Decliners) by a ratio of 1.58-to-1.0 or simply, there were eight Advancers for every five Decliners. In real numbers, there were 1,148 Advancers, 724 Decliners while 160 stocks remained Unchanged.
The total volume of shares traded at the TSX today was 331,254,136 or 5% decrease when compared to the volume of shares traded yesterday.
Today, there were 379 new 52-Week Highs and 13 new 52-Week Lows. By comparison, yesterday, there were 303 new 52-Week Highs and 17 new 52-Week Lows.
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The US Markets
Today, the Dow Jones Industrial Average advanced 161.35 points or 0.37%, to close the market session at 43,239.05. The S&P 500 index barely declined – a mere -1 point, or 0.02%, to close at 5,841.47. The Nasdaq Composite was up a marginal 6.53 points or 0.04%, to close the session at 18,3373.61. The NASDAQ had a rather volatile session finally closing off its day’s high point of the day. The NASDAQ volume today was up about 10% compared to yesterday. The Dow Jones index was the leading index today. The index closed again in record territory.
Today’s Market Statistics: At the NYSE, the declined issues (Decliners) outnumbered the gaining issues (Advancers). The ratio was 1.21-to-1.0 or roughly for every six Decliners there were five Advancers. In actual numbers, there were 2,149 Decliners to 1,770 Advancers with 332 Unchanged.
There were 496 new 52-Week Highs and 43 new 52-Week Lows, by comparison, yesterday, there were 437 new 52-Week Highs and 34 new 52-Week Lows.
