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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Barometer Capital Management Inc. cut its holdings in Suncor Energy Inc. (NYSE:SU – Free Report) (TSE:SU) by 6.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 188,750 shares of the oil and gas producer’s stock after selling 12,200 shares during the quarter. […]