TSX Today: What to Watch for in Stocks on Tuesday, February 6


Source: fool.ca fool.ca

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Falling commodity prices amid demand concerns could continue to weigh on the TSX index at the open today. TSX Today: What to Watch for in Stocks on Tuesday, February 6 Canadian stocks started the new week on a bearish note after the U.S. Federal Reserve chair Jerome Powell indicated that the central bank is unlikely to cut interest rates in its next meeting. The S&P/TSX Composite Index tanked by 213 points, or 1%, on Monday to 20,872 — posting its second biggest single-day decline of 2024. While all key market sectors ended the session in red territory, the TSX index...