1) Canada's TSX Composite fell 140.26 points on Thursday due to unexpected U.S. inflation data dampening hopes of a June interest rate cut by the Federal Reserve.

Despite strong commodity prices and expected rate cuts, Canada's TSX Composite fell Thursday, 140.26 points, to 21,829.85, due to surprising U.S. inflation data that dampened hopes of a June interest rate cut by the Federal Reserve. The TSX's communications, consumer discretionary, consumer staples, and healthcare sectors experienced the most significant declines. Additionally, the Canadian dollar lost 0.36 cents at 73.91 cents U.S.

March 14, 2024
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