Canada’s main stock index slid lower on Tuesday as oil prices eased. Traders are holding off from any big bets until the Bank of Canada’s interest rate decision comes down later this week. The tech sector led the broad decline among indices on the TSX, followed closely by metals and mining.
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US markets also sunk, after the S&P 500 and NASDAQ pulled back from recent record highs. Investors are now waiting on the US consumer price index report due Wednesday, which could influence how the Federal Reserve proceeds on interest rates at its meeting next week.
| TSX | 25,504.33 | -121.09 |  |
| TSXV | 612.67 | -2.08 | |
| CSE | 135.01 | -1.76 | |
| DJIA | 44,247.83 | -154.10 | |
| NASDAQ | 19,687.24 | -49.45 | |
| S&P 500 | 6,033.16 | -19.69 | |
The Canadian dollar traded for 70.55 cents US compared to 70.77 cents US on Monday.
US crude futures traded $0.01 higher at US$68.38 a barrel, but the Brent contract lost $0.15 to US$71.99 a barrel.
The price of gold was up US$29.87 to US$2,692.78.
In world markets, the Nikkei was up 207.08 points to 39,367.58, the Hang Seng was down 102.81 points to 20,311.28, the FTSE was down 71.72 points to 8,280.36, and the DAX was down 16.80 points to 20,329.16.
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(Top image generated with AI.)
