Canadian stocks closed sharply lower on Thursday as fading hopes of a series of rate cuts by the Federal Reserve this year, and weak commodity prices rendered the mood bearish.
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The Canadian market tumbled Tuesday morning on heavy selling in materials and energy stocks, and despite regaining some lost ground subsequently, ended the day's session notably lower.
The Canadian market tumbled Tuesday morning on heavy selling in materials and energy stocks, and despite regaining some lost ground subsequently, ended the day's session notably lower.
The Canadian market is down firmly in negative territory Monday afternoon with energy stocks reeling under sustained selling pressure on weak oil prices. A few stocks from healthcare and industrials sectors are also sharply lower.