The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt climbed.
The loonie was trading 0.1% lower at C$1.3839 to the greenback, or 72.26 U.S. cents, after trading in a range of 1.3794 to 1.3855.
Canadian government 10-year bond yields rose 5.1 basis points to 3.052%. The yield on similar U.S. government benchmark debt rose to 3.8296%.
U.S. September crude futures fell 47 cents to $72.47 a barrel on Tuesday.
With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities.
In 2024 alone, ProPicks' AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record.
With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.
