Canada’s main stock index declined on Tuesday, pressured by weakening commodity prices. Investors remained cautious after the latest domestic inflation data from Statistics Canada, which could reinforce expectations for interest rate cuts by the Bank of Canada. Stats Can reported that the consumer price index (CPI) rose 2.4 per cent year over year in September, up from a 1.9 per cent increase in August
Meanwhile, US equities were mixed following a strong rally in the previous session, as market participants braced for a wave of quarterly earnings reports from major companies. Sentiment was also weighed down by uncertainty surrounding a potential government shutdown, which has disrupted the release of key economic indicators and clouded market visibility.
| TSX | 29,888.82 | -527.62 |  |
| TSXV | 951.05 | -32.31 | |
| CSE | 174.98 | -7.28 | |
| DJIA | 46,924.74 | +218.16 |  |
| NASDAQ | 22,953.67 | -36.88 | |
| S&P 500 | 6,735.35 | +0.22 | |
The Canadian dollar traded for 71.32 cents US compared to 71.26 cents US on Monday.
US crude futures traded $0.08 higher at US$57.60 a barrel, and the Brent contract rose $0.41 to US$61.42 a barrel.
The price of gold was down US$229.12 to US$4,113.23.
In world markets, the Nikkei was up 130.56 points to ¥49,316.06, the Hang Seng was up 168.72 points to HK$26,027.55, the FTSE was up 23.42 points to ₤9,426.99, and the DAX was up 71.23 points to €24,330.03.
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