November 7, 2023

On Tuesday the S&P 500 was up 0.3% but Toronto was down 0.85%.

Bond interest rates were down moderately but Toronto was impacted by lower oil prices.

Cameco and Brookfield completed their acquisition of Westinghouse Electric Company. This brings Cameco into more aspects of the nuclear electricity generation business but it’s certainly a very different business for them.

I’ve been surprised at the strength of Costco’s shares in the face of lower same-store sales growth. It’s a powerhouse for the long term but I thought it might pull-back somewhat due to the lower same-store sales growth.

The Canadian companies are continuing to report Q3 results.

 

 

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