Baystreet.ca – TSX Creeps Near Breakeven

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Equities in Toronto edged lower on Monday as investors remained cautious ahead of U.S. economic data and the Bank of Canada’s monetary policy decision this week, while gains in materials stocks limited declines.

The TSX Composite climbed to within 4.34 points of breakeven to pause for lunch Monday at 21,458.01.

The Canadian dollar was unchanged at 73.73 cents U.S.

Declines on the TSX were led by the health-care stocks. Pot firm Tilray Brands lost nine cents, or 3.8%, the biggest decline among healthcare stocks, to $2.27.

Metal miners Torex Gold Resources jumped 78 cents, or 5.2%, to $15.93, while First Quantum Minerals rose 36 cents, or 2.8%, to $13.26.

Shares of crypto miners Hut 8 lost 49 cents, or 4%, to $11.63, and Bitfarms tumbled 39 cents, or 9.9%, to $3.57, after Bitcoin bounced beyond $65,000.

ON BAYSTREET

The TSX Venture Exchange…

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