TSX Opens Lower Ahead of Central Bank Rate Decisions
Canada's main stock index fell 0.9% on Wednesday morning. Investors are awaiting interest rate decisions from the Bank of Canada and the U.S. Federal Reserve.
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The main equity market in Canada opened lower on Wednesday as investors maintained a cautious stance ahead of critical interest rate decisions. At 09:30 a.m. ET, the S&P/TSX composite index fell by 0.9%, trading at 32,626.16 points. The decline came despite a rise in global oil prices, which typically bolsters the resource-heavy Canadian market.
