Canadian stocks remained bearish for a second consecutive session on Tuesday after the release of mixed economic data from the United States, as commodity prices across the board continued to decline. The S&P/TSX Composite Index fell 34 points, or 0.2%, to settle at 20,376.
On the one hand, weaker-than-expected U.S. job openings data strengthened the possibility that the Federal Reserve will not hike interest rates further, leading to a rally in real estate and tech stocks. On the other hand, strong non-manufacturing purchasing managers index data and a selloff in commodity markets drove other stock market sectors, including utilities, metal mining, and energy, downward — pressuring the TSX index.
Top TSX Composite movers and active stocks
Tilray Brands, Torex Gold Resources, Endeavour Silver, and Seabridge Gold were the worst-performing stocks, as they plunged by at least 5.5% each.
On the flip side, shares of Shopify, North…
