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Stock impact report

CANADA STOCKS-Energy, healthcare drag TSX lower as rate cut hopes wane [Yahoo! Finance]

Tilray Brands, Inc. (TLRY) 
Last tilray brands, inc. earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
April 11 (Reuters) - Canada's main stock index edged lower on Thursday, dragged down by losses in healthcare and energy shares, as hopes for a June rate cut waned. At 9:57 a.m. ET (13:57 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 72.51 points, or 0.33%, at 22,126.62. Healthcare stocks declined 0.7% on the index, pulled down by a 4.3% decline in pot firm Tilray Brands . Heavy-weight financials fell 0.4%, while energy shares slipped 0.7%, tracking a downward trend in oil prices. Seven of the eleven sectors were trading in losses. "It's a bit of a continuation after the big move yesterday," said Scott Blair, chief investment officer at CWB Wealth. The TSX logged its worst day since February 13 on Wednesday, as the Bank of Canada left its key rate unchanged and a hot inflation reading from the U.S. prompted investors to scale back expectations for interest rate cuts. Meanwhile, a government report in the U.S. showed that producer prices rose less th Show less Read more
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