Story perspectives
Canadian Markets Slide Amid Trade Uncertainty and Rate Flexibility
3/20/2025
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Story summary
- Canada's S&P/TSX index decreased by 8.97 points, closing at 26,060.24 amid trade uncertainties.
- U.S. markets also saw declines, with the Dow down 11.31 points and the Nasdaq down 59.16 points.
- Bank of Canada Governor Tiff Macklem emphasized a flexible interest rate strategy in response to trade risks.
- The Canadian dollar was valued at 69.70 cents US, while crude oil prices increased to $68.07 per barrel.
