As energy stocks remained under pressure Thursday, investors turned their attention to a potential vote on U.S. President Donald Trump’s health-care bill.
Investors dumped stocks on Tuesday amid concerns about Trump’s ability to pass an ambitious legislative agenda.
As a result, investors will be keeping a close eye on whether Congress votes on Trump’s plan to replace the Affordable Care Act (known as Obamacare). A vote is planned for Thursday, but could be delayed.
Analysts say losing or delaying the vote could weaken investors’ confidence in Trump’s ability to deliver on his promise of market-friendly tax cuts and infrastructure spending.
On the TSX, active stocks included
Encana Corp. (
TSX: T.ECA,
NYSE: ECA,
Forum), which eased 0.28% to $14.02.