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Stock impact report

TSX confirms correction as investors fret about inflation outlook [Financial Post (Toronto, Ontario, Canada)]

Endeavour Silver Corporation Ordinary Shares (Canada) (EXK) 
Last endeavour silver corporation ordinary shares (canada) earnings: 2/24 06:50 am Check Earnings Report
US:NYSE Investor Relations: edrsilver.com/investors/financials
Company Research Source: Financial Post
Advertisement The Toronto Stock Exchange’s S&P/TSX composite index ended down 52.81 points, or 0.3%, at 19,837.25, its lowest closing level since July 2021. It took the TSX’s losses since the March 29 closing record high to 10.2%. A correction is confirmed when an index closes 10% or more below its record closing level. U.S. stocks fell more sharply after U.S. consumer price index data did little to ease investor worries over the outlook for inflation and interest rates. “Canadian and U.S. economies are closely linked. Therefore, I think you can expect the market to use the U.S. release as a pointer for the Canadian figure next week,” said Stuart Cole, head macroeconomist at Equiti Capital. Canada’s inflation report for April is due next Wednesday. Money markets expect the Bank of Canada to hike by half a percentage point for a second straight policy meeting on June 1 to help cool price pressures. The Toronto market’s consumer discretionary sector fell 2.5%, while information te Show less Read more
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