Canadian stock may open on a negative note Friday morning with falling precious metals and oil prices set to trigger a sell-off in resources stocks.
Investors will also be reacting to U.S. President Donald Trump's announcement that he is nominating Kevin Warsh as the next Federal Reserve chair. Warsh is seen as a bit hawkish on inflation with historical opposition to quantitative easing, suggesting a stronger dollar environment ahead.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.