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TORONTO STOCKS FLAT AHEAD OF NVIDIA QUARTERLY RESULTS

  • Aug 28, 2024
  • 1 min read



Canada's main stock index was slightly down on Wednesday as gains in financial stocks from upbeat domestic lender earnings were countered by losses in mining shares, with investors focused on Nvidia's quarterly results.

At 10:15 a.m. ET (14:15 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 23.92 points, or 0.05%, at 23,236.04. Investors are closely watching the quarterly earnings of chipmaker Nvidia due later today, as the AI darling is widely expected to deliver blockbuster results; however, even a slight miss could impact other megacaps and semiconductor stocks.

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