Canadian stocks decline as tech and commodity sectors offset financial gains
The TSX dropped on Thursday as tech losses and falling metal prices weighed on the index. Strong earnings from financial and utility firms limited the slide.
Insights:
Canada 
CA's main stock index, the S&P/TSX composite index, slipped today as weakness in technology and commodities-related shares drove broad market declines across the country. The S&P/TSX composite index slipped as tech and commodities shares weakened, with the overall index falling 0.4 percent. This downward movement followed stronger-than-expected jobs data from the United States 
US, which has significantly reduced investor hopes for near-term Federal Reserve rate cuts.
CA's main stock index, the S&P/TSX composite index, slipped today as weakness in technology and commodities-related shares drove broad market declines across the country. The S&P/TSX composite index slipped as tech and commodities shares weakened, with the overall index falling 0.4 percent. This downward movement followed stronger-than-expected jobs data from the United States US, which has significantly reduced investor hopes for near-term Federal Reserve rate cuts.
