From Nasdaq: 2025-03-28 17:19:00

The Canadian market closed sharply lower on Friday due to concerns about inflation and impending U.S. tariffs. Trade tensions escalated with President Trump’s announcement of a 25% tariff on autos. Technology, industrials, consumer discretionary, and healthcare stocks were major losers, with indexes dropping by 2.2 to 2.98%. The S&P/TSX Composite Index closed down 1.6% at 24,759.15. Aya Gold & Silver reported a net loss of US$30.0 million in the fourth quarter. Canadian GDP was essentially unchanged in February 2025, but expanded by 0.4% in January. The government budget recorded a deficit of C$5.13 billion in January 2025.



Read more at Nasdaq: TSX Ends 1.6% Down As Trade War Fears Rise