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Stock impact report

CANADA STOCKS-TSX turns negative as recession fears outweigh energy boost [Reuters]

Genworth Financial Inc (GNW) 
Last genworth financial inc earnings: 10/29 05:10 pm Check Earnings Report
US:NYSE Investor Relations: genworth.com/corporate/investors.html
Company Research Source: Reuters
CANADA STOCKS-TSX turns negative as recession fears outweigh energy boost April 3 (Reuters) - Canada’s main stock index gave up early gains to trade lower on Friday, as fears of a deep recession fueled by the coronavirus pandemic overshadowed gains in energy stocks boosted by higher oil prices. * Canada faces “a critical week” in fighting the coronavirus, a senior official said, as the death toll surged to 161 from 105 on Wednesday, while positive cases rose to 11,131 from 9,017. * At 9:51 a.m. ET (1351 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 40.98 points, or 0.31%, at 13,056.86. The index had opened about 0.3% higher. * The main index is set to end the week 3% higher and mark its second straight week of gains. * The energy sector climbed 1.4%, as oil prices continued to gain on rising hopes of a new global deal to cut global crude supply. * U.S. crude prices were up 7.2% a barrel, while Brent crude added 12.2%. * Six of the index’s 11 major sectors were lo Show less Read more
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