Canadian Commentary

TSX Edges Lower On Trade Concerns

After snapping a six-day losing streak and ending modestly higher on Tuesday, the Canadian stock market faltered on Wednesday, as investors chose to stay away on the sidelines due to persistent worries about trade war.

Materials stocks saw some brisk buying as gold futures edged higher after the U.S. dollar weakened against some major currencies. Healthcare stocks were the other notable gainers. A few stocks from consumer discretionary sectors also edged higher. Financials, industrial and telecom stocks were weak, while energy and consumer staples stocks turned in a mixed performance.

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by RTTNews Staff Writer

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