Canadian stocks turned slightly negative on Monday after rallying in the previous two sessions as speculation about the Bank of Canada’s upcoming monetary policy moves kept investors on their toes. The S&P/TSX Composite Index slipped by 21 points, or 0.1%, yesterday to settle at 21,531 — a day after touching fresh 52-week highs.
Although most sectors, including real estate, healthcare, and technology, ended the session in red, solid gains in mining stocks due mainly to rallying metals prices limited the TSX benchmark’s downward movement.
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Shares of BlackBerry (TSX:BB) fell 3.7% to $3.63 per share, extending its year-to-date losses to nearly 23%. This weakness in BB stock came after the Waterloo-headquartered enterprise software firm announced a three-year partnership with Max-Atlas to integrate BlackBerry Radar asset tracking technologies into Max-Atlas’s container chassis during…
