Canada’s main stock index flatlined on Wednesday in the face of the Bank of Canada’s policy decision. Investors also assessed shifting US tariff policies. Amid this trade war uncertainty, the bank moved to pause rates at 2.75 per cent after seven consecutive cuts. Gains in material shares were offset by declines in information technology stocks.
The S&P 500 slipped as investors assessed a stark warning from Nvidia (NASDAQ:NVDA) that pressured global tech. The company said in a filing that the US government required a license to send chips from the US to China.
| TSX | 24,106.79 | +38.89 |  |
| TSXV | 638.87 | +8.83 | |
| CSE | 111.54 | +0.88 | |
| DJIA | 39,669.39 | -699.57 |  |
| NASDAQ | 18,257.64 | -572.58 | |
| S&P 500 | 5,276.15 | -120.48 | |
The Canadian dollar traded for 72.07 cents US compared to 71.62 cents US on Tuesday.
US crude futures traded US$1.34 higher at US$62.67 a barrel, and the Brent contract rose US$1.33 to US$66.00 a barrel.
The price of gold was up US$117.50 to US$3,339.77.
In world markets, the Nikkei was down 347.14 points to ¥33,920.40, the Hang Seng was down 409.29 points to HK$21,056.98, the FTSE up 26.48 points to ₤8,275.60, and the DAX was up 57.32 points to €21,311.02.
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(Top image generated with AI.)
