TSX declines as market sentiment stays cautious ahead of Canadian employment data By Investing.com

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© Reuters.

Investing.com — Canada’s main stock index, the S&P/TSX Composite traded on a negative note on Thursday, while Wall Street’s main indices were muted on the whole.

Sentiment in Canadian markets remained cautious after commentary and meeting minutes from the Bank of Canada struck a hawkish note, and as participants await tomorrow’s domestic employment data.

Toronto Stock Market News

Enerplus (TSX:) jumped to the top of the after reports that Devon Energy (NYSE:) had approached the company with an acquisition offer.

Lightspeed (TSX:) shares fell to the bottom of the TSX as the company’s results and guidance failed to impress investors, despite reporting narrowing losses and a beat on revenue expectations.

Bombardier (TSX:), which keeps its book in US dollars, reported that fourth-quarter profit fell by 11% to US$215 million from US$241 a year ago, Revenues came in at US$3.06 billion, up 15% from US$2.66…

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