TSX Today: What to Watch for in Stocks on Wednesday, June 12

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Canadian equities traded on a weak note on Tuesday as investors turned cautious before the release of the important U.S. consumer inflation report and the Federal Reserve’s monetary policy event. The S&P/TSX Composite Index plunged by 182 points, or 0.8%, yesterday to settle at 21,887 — its lowest closing level in over a month.

While most main market sectors ended the session in red, the TSX selloff was mainly driven by heavy losses in healthcare, mining, and financial stocks.

Top TSX Composite movers and active stocks

Advantage Energy, NexGen Energy, Cameco, and Denison Mines were the worst-performing TSX stocks for the day, diving by more than 5% each.

On the positive side, shares of Enghouse Systems (TSX:ENGH) climbed by 4.7% to $30.54 per share, making it the session’s top-performing TSX stock. This rally in ENGH stock came a day after the Markham-based enterprise software solutions company announced its second-quarter…

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