Bay Street Likely To Open Slightly Weak

LIKE.TG | 发现全球营销软件&服务汇聚顶尖互联网营销和AI营销产品,提供一站式出海营销解决方案。唯一官网:www.like.tg
(RTTNews) - Canadian shares may open a bit weak on Wednesday, weighed down by lower metal prices and caution ahead of the release of the minutes from the Federal Reserve's most recent policy meeting.
Alimentation Couche-Tard Inc (ATD.TO) will be in focus on reports Japan's Seven & I Holdings received a revised takeover bid of around $47 billion from the company, compared with $38.5 billion earlier.
Canopy Growth Corporation (WEED.TO) announced that Canopy USA has completed its acquisition of Wana. Canopy USA now owns 100% of Wana, including Wana Wellness, The CIMA Group, and Mountain High Products.
The Canadian market ended marginally down on Tuesday after languishing in negative territory right through the day's trading session, as investors awaited fresh economic data, and quarterly earnings updates.
Weak crude oil and gold prices weighed on energy and materials shares, contributing to market's weakness.
The benchmark S&P/TSX Composite Index ended down 30.20 points or 0.13% at 24,072.51. The index touched a low of 23,969.27 and a high of 24,083.13 in the session.
Asian stocks turned in a mixed performance on Wednesday as China's stimulus rally fizzled out, the conflict in the Middle East persisted and investors awaited Federal Reserve meeting minutes as well as U.S. inflation data for interest rate clues.
Chinese stocks plunged as investors booked profits after recent rallies. The benchmark Shanghai Composite index slumped 6.6% after officials failed to boost confidence in stimulus plans aimed at reviving the economy.
European stocks are modestly higher in cautious trade ahead of Fed minutes.
In commodities, West Texas Intermediate crude oil futures are down slightly at $73.53 a barrel.
Gold futures are up $4.50 or 0.17% at $2,639.90 an ounce, while Silver futures are gaining $0.375 or 1.2% at $30.975 an ounce.

LIKE.TG:汇集全球营销软件&服务,助力出海企业营销增长。提供最新的“私域营销获客”“跨境电商”“全球客服”“金融支持”“web3”等一手资讯新闻。
点击【联系客服】 🎁 免费领 1G 住宅代理IP/proxy, 即刻体验 WhatsApp、LINE、Telegram、Twitter、ZALO、Instagram、signal等获客系统,社媒账号购买 & 粉丝引流自助服务或关注【LIKE.TG出海指南频道】、【LIKE.TG生态链-全球资源互联社区】连接全球出海营销资源。
本文由LIKE.TG编辑部转载自互联网并编辑,如有侵权影响,请联系官方客服,将为您妥善处理。
This article is republished from public internet and edited by the LIKE.TG editorial department. If there is any infringement, please contact our official customer service for proper handling.
Server deployment全球论坛人工智能论坛全球峰会发展论坛战略论坛开放论坛程序员论坛互联网峰会科技峰会