The Canadian main stock index experienced a decline on Wednesday, with the financial sector being the only gainer due to positive domestic lender earnings. The mining sector, followed by the tech and energy markets, led the losses on the TSX.
U.S. investors are awaiting NVIDIA Corp.’s quarterly earnings to assess the health of the AI and tech trade.
The Canadian dollar traded at 74.21 cents U.S., slightly lower compared to the previous day. U.S. crude futures were down $0.78 to $74.75 a barrel, while the Brent contract lost $0.73 to $78.82 a barrel. Additionally, the price of gold decreased by US$18.02 to US$2,507.64.
In global markets, the Nikkei was up, while the Hang Seng was down. The FTSE and DAX also experienced slight fluctuations.
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(Top image generated with AI)
