Equities in Toronto ended the last trading day of the week in the red as a metal prices drop brought down mining and energy shares. The tech sector was the only gainer on the TSX. Investors assessed the latest batch of economic data for Bank of Canada’s interest-rate path.
After the S&P’s arrival across the 5,500 for the first time, the broad market benchmark fell for a second session. NVIDIA Corp. (NDAQ:NVDA) shares also fell for a second consecutive day.
The Canadian dollar traded for 73.01 cents U.S. compared with 73.08 cents U.S. on Thursday.
U.S. crude futures traded $0.61 lower at $80.68 a barrel, and the Brent contract lost $0.49 to $85.22 a barrel.
The price of gold was down US$38.84 to US$2,322.17.
In world markets, the Nikkei was down 36.55 points to 38,596.47, the Hang Seng was down 306.80 points to 18,028.52, the FTSE was down 34.74 points to 8,237.72 and the DAX was down 90.66 points to 18,163.52.
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(Top photo: AI-generated stock image)