Daily-Wrap

Macro Update:The Canadian economy is showing signs of weakness with growing unemployment. Canadian steel, aluminum, automobiles and copper industries are suffering due to Trump's tariffs. The additional levies Trump imposed on lumber are set to hit later this month.

Index Update:After opening a little above yesterday's close, the benchmark S&P/TSX Composite Index turned lower and conceding gains from the previous sessions finally closed at 30.351.72, down by 180.16 points (or 0.59%).

Index Update:After opening much higher than the previous week's close, the benchmark S&P/TSX Composite Index fell early in the session but managed to climb again and trade positively to finally close at 30,531.88, up by 60.20 points (or 0.20%).