Materials sector plunged following a steep decline in gold prices, reversing yesterday's surge and causing Canadian stocks to slump. Investors are also weighing monetary policy moves from the Bank of Canada and the U.S. Federal Reserve, contributing to a risk-off tone and broader market weakness.
Materials sector plunged following a steep decline in gold prices, reversing yesterday's surge and causing Canadian stocks to slump. Investors are also weighing monetary policy moves from the Bank of Canada and the U.S. Federal Reserve, contributing to a risk-off tone and broader market weakness.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
