Investing.com – Canada’s main stock index, the S&P/TSX Composite tracked Wall Street lower on Thursday, as hotter than expected U.S. and lower than expected growth dented sentiment, pressuring tech and chip stocks.
While sentiment remained cautious ahead of a rate-decision from the U.S. Federal Reserve next week, markets are still betting on a 25 bps rate cut in June.
The was on track to snap a three day winning streak, after coming in just shy of a new all time high after closing yesterday at 21,970 points.
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Toronto Stock Market News
Lithium America shares soared to the top of the TSX after the announcement that the U.S. Department of Energy has agreed to a…
