TSX closes lower due to tech losses and rising yields, mixed performance with some gains.

From Nasdaq: 2024-12-27 17:53:56

The Canadian market closed lower on Friday, with the S&P/TSX Composite Index down 0.2% due to tech sector losses and rising U.S. Treasury yields. Healthcare stocks offered some support, while other sectors were mixed. Hut 8 Corp and ATS Corporation saw declines, while Quebecor Inc and Onex Corporation gained. Sierra Metals Inc. saw a 1.2% increase after announcing majority shareholders’ commitment to not tender their shares in response to a takeover bid. Overall, the market experienced a day of ups and downs with various stocks seeing fluctuations in value.



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