The Canadian equities market slipped for the fourth straight day, posting its longest losing streak in over a month, as weaker commodity prices and concerns about the near-term economic outlook largely kept investors in a risk-off mode. After falling by over 200 points in the intraday trading, the S&P/TSX Composite Index recovered later to end the volatile session at 24,552 with a minor loss of 22 points, or 0.1%.
Real estate and technology stocks witnessed buying momentum, providing some support for the TSX in an otherwise challenging session. But the overall market sentiment remains fragile, with many sectors like utilities, mining, and industrials facing sustained pressure.
Top TSX Composite movers and active stocks
Teck Resources (TSX:TECK.B) fell by 5.4% to $64.85 per share, making it the worst-performing TSX stock for the day. This selloff in Teck’s share prices came after the Vancouver-based resource company announced the…
