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0.000384763370527049 -0.00115044247787616 -3.84763370526229E-06 -0.00307810696421708 -0.00302039245863801 -0.00302039245863801 -0.00302039245863801 -0.00302039245863801
Stock impact report

S&P/TSX composite closes the week lower, while U.S. stock markets rise [Advisor.ca (Canada)]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Advisor.ca
Canada's main stock index ended the week lower while U.S. markets rose Friday as investors looked ahead to interest rate decisions coming next week on both sides of the border. “The market seems to be in a place where they think it's unlikely that the Bank of Canada is going to cut rates next week and that they should remain flat,” said Kathryn Del Greco, senior investment advisor at TD Wealth. “And if the economy continues to hold as well, they're actually starting to talk about perhaps the Bank of Canada being in a position to raise rates by June of next year. So that's a bit of a tonal shift we haven't heard in quite some time.” Meanwhile market expectations are for a quarter-point cut in the United States next week. “This is going to be very closely watched because there is some dissension amongst all the Federal Reserve governors voting on this,” Del Greco said. The S&P/TSX composite index was down 166.16 points at 31,311.41. Del Greco said investors might have been Show less Read more
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