The Canadian market remains firmly down in negative territory Monday afternoon, weighed down by losses in consumer staples, consumer discretionary, materials and industrials sectors. Energy stocks are up, rising on firm oil prices.
Worries about tensions in the Middle East and concerns about inflation render the mood weak.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.