TSX Falls as Tech Shares Weigh; Eyes on us-china trade talks

June 9 – Canada’s Main Stock Index Fell on Monday, Drained by Technology Shares, as Investors Cutiously Monitored A Fresh Round of Us -China Trade Talks aid at Easing TANSIONS BETEENS World’s Larget Economies.

The S & P/TSX Composite Index was down 0.3% at 26,346.82 points, Coming off its record high close on Friday.

All eyes are on the high-stakes talks in longon, where top us and chinese officials are meeting to defend tensions that recently expected beyonded beyond tariffs to expens Global Supply Chains.

“I would say there is an undercurrent of caution,” said Brian Madden, Chief Investment Officer and Portfolio Manager at First Avenue Investment Counsel.

“There’s lots of sort of arm waving about trade phone calls, but trade deals take a long time to negotiate, so I do I don’t think anyone is expecting a miracle here in the short term and screwed”.

The discussions follow a rare call last week between us president donald trump and his chinese counterpart, xi jinping.

Meanwhile, Prime Minister Mark Carneyy

On Monday Canada’s Liberal Government will pour extra billions into its Armed Forces and Hit Nato’s 2% Military Spending Targeting Target this Fiscal Year, Five Years Earlier Than PROMSED.

Jet Maker Bombardier and Aviation Simulation and Training Company Cae Gained 2.7% and 0.8%, Respectively. The Broader Industrial Sector, However, Fell 0.5%.

Information and Technology Shares was Leading the Losses on the TSX, with Enterprise Software Solutions Provider ENGHOUSE Systems Falling 2.4% as Brokerage CIBC CIBC CIBC CIBC CIBC CIBC CIBC CIBC TARGET on the Stoc

Heavyweight Materials Sector Was Trading In Green with 0.2% Gains as Gold and Silver Pries Rose in the Day.

Among Other Stocks, Uranium Supplier Cameco Jumped 9.6% to the top of the benchmark index after a number of analysts Raised the stock’s price target.

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