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Newspaper
Chronicle Journal
Location
Thunder Bay, Ontario, Canada
Date
Dec 06, 2023
Page
9
Canada’s S&P/TSX composite falls 34.28 points to 20 375.93 as energy and metals weigh on sentiment while U S indices mix. Dow drops 79.88, S P 500 slips 2.60, Nasdaq up 44.42 as investors monitor inflation progress and labour market cooling.
Canadian retailers brace for a tight season as inflation and a five percent policy rate damp spending. Consumers plan to buy only essentials and chase deals while Toymakers and retailers report mixed early results and emphasize value and selective purchases.
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