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TSX Pressured by Miners; Fed Minutes Awaited

Published 2024-01-03, 01:50 p/m
© Reuters.
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By Ketki Saxena

Investing.com - Canada’s main stock index, the S&P/TSX Composite, traded in the red in the afternoon, tracking Wall Street lower as traders pare back bets on rate cuts from the Fed.

Toronto Stock Market News

Suncor Energy (TSX:SU) shares rose after the company said it saw record upstream production in Q4, at 808,000 barrels per day.

Orea Mining Corp (TSX:OREA) shares sank after the company announced it will delay filing its annual audited financial statements.

BCE (TSX:BCE) shares rose following an upgrade from TD (TSX:TD) Securities, from “hold” to buy.

For upcoming earnings, view our earnings calendar.

Toronto Stocks Moving Markets Today

Top Gainers on the TSX Today:

  • First Quantum (TSX:FM)
  • Suncor Energy Inc (TSX:SU)
  • Peyto Exploration (TSX:PEY)

Top Losers on the TSX Today:

  • First Majestic Silver (TSX:FR)
  • Magna Intl (TSX:MG).
  • Eldorado Gold (TSX:ELD)

For all Canadian Stocks Moving Markets today, view our Canada Markets Page.

In Canadian Economics

No major Canadian economic data expected.

For all Canadian economic releases, view our economic calendar.

All currencies Canadian Dollar unless noted otherwise.

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