News Snapshot:
A reversal in crude oil and base metals prices could keep the commodity-heavy TSX index under pressure at the open today. The Canadian stock market turned slightly negative on Friday, as fears of more interest rate hikes weighed on investors’ sentiments despite more signs of easing inflationary pressures. The S&P/TSX Composite Index slipped by 16 points in the last session to settle at 20,262, concluding the week with strong 2.2% gains. Despite minor optimism in the shares of some consumer noncyclical and industrial stocks, all other key market sectors ended the session in red with heavy losses in technology, energy,...
