Equities trading in Canada’s largest market remained flat on Thursday, with the TSX weighed down by declines in gold mining stocks. Investors kept a close eye on developments in US trade negotiations ahead of the August 1st deadline, while also digesting corporate earnings reports.
Market participants continued to track tariff-related news, following a trade agreement between Japan and the US. Meanwhile, two EU diplomats suggested that the bloc was making progress toward a deal with Washington.
President Trump—who has often criticized Federal Reserve Chair Jerome Powell for not cutting interest rates more aggressively—was set to visit the Fed. This comes ahead of next week’s meeting, where rates are widely expected to remain unchanged.
On Wall Street, the S&P 500 edged higher after Alphabet (NASDAQ:GOOG) reported stronger-than-expected quarterly earnings, posting a 1.15 per cent gain to end…
