© Reuters.
Investing.com –- Canada’s main stock index, the S&P/TSX Composite managed to eke out a gain, closing 0.09% higher, tracking US stocks as Wall Street indices roared higher.
Sentiment in Canada remained fragile ahead of an interest rate decision from the Bank of Canada later this week, at which the BoC is expected to keep rates on hold. Money markets now see a roughly 20% chance of a BoC rate cut in March, and a roughly 50% chance of a cut in April.
The commodity heavy Canadian index was also pressured by miners, as gold and prices fell.
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