The Canadian market is down firmly in negative territory Wednesday afternoon, hurt by losses in technology, consumer discretionary and industrials sectors. The mood in the market is quite cautious amid concerns about inflation and economic slowdown due to the ongoing conflict in the Middle East. Investors are also looking ahead to the summit meeting between U.S. President Donald Trump and Chinese ...
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.