The Canadian market ended lower on Wednesday as energy and materials shares reeled under selling pressure as oil and metal prices fell. Concerns about the outlook for interest rates weighed as well on sentiment.
The Canadian market recorded a fresh closing high on Tuesday, edging up slightly after stocks moved in a tight range. Data showing a slowdown in consumer price inflation raised hopes the central bank will soon start reducing interest rates.
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The Canadian market recorded a fresh closing high on Tuesday, edging up slightly after stocks moved in a tight range. Data showing a slowdown in consumer price inflation raised hopes the central bank will soon start reducing interest rates.