From Yahoo Finance: 2024-06-04 16:35:09

The S&P/TSX composite index fell due to weakness in energy and base metals ahead of a Bank of Canada interest rate decision. U.S. markets rose, with the Dow up 140.26 points. U.S. investors are watching for signs of rate cuts. The latest data shows fewer job openings in U.S. markets than expected. The focus now shifts to the May jobs report on Friday. The Bank of Canada is expected to cut interest rates, but uncertainty remains due to differing policies with the U.S. Oil prices continued their downward trend, impacting the TSX energy index. The Canadian dollar traded lower at 73.09 cents US. Gold and copper prices also fell.



Read more at Yahoo Finance: S&P/TSX composite index weighed down by energy, U.S. markets rise