© Reuters.
By Ketki Saxena
Investing.com –- Canada’s main stock index, the S&P/TSX Composite, tracked Wall Street lower on Tuesday, as mixed earnings from big US banks, and relatively hawkish comments from Fed Governor Christopher Waller weighed on sentiment.
The Canadian index was also pressured by hotter than expected domestic data. While the headline reading came in as expected, measures proved sticky, tempering expectations that the Bank of Canada will begin rate cuts in March.
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Toronto Stock Market News
Tim Hortons and Burger King owner Restaurant Brands (TSX:) shares fell after announcing it will acquire the largest Burger King franchise in the US, for $1 billion. The…
