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The S&P/TSX Composite Index slipped below 36,500 on Thursday, weighed down by losses in the mining sector as falling gold prices pressured major producers. Agnico Eagle fell nearly 4%, while Wheaton Precious Metals shed almost 3% and Barrick lost 2%. Several miners reported third-quarter results after Wednesday’s close
The S&P/TSX Composite Index fell nearly 1% to around 36,000 on Thursday as rising oil prices fueled inflation concerns and reinforced expectations for higher-for-longer interest rates. Crude prices climbed amid escalation in the Middle East conflict. Markets are pricing in rate hikes from both the BoC and the US Fed th
Canadian banks BMO, Scotiabank, and National Bank report Q2 earnings above expectations. Results driven by strong banking and wealth management segments.