⁍ Canada’s main stock index fell in early trade on Wednesday.
⁍ A surge in domestic coronavirus cases and downbeat U.S. business activity in September dented investor sentiment.
⁍ Prime Minister Justin Trudeau will unveil later in the day what he says is a far-reaching plan to help the economy recover from the coronavirus pandemic.
– Canada’s main stock index fell in early trade on Wednesday as a surge in domestic coronavirus cases and downbeat US business activity in September dented investor sentiment, reports Reuters. Prime Minister Justin Trudeau will unveil later in the day what he says is a far-reaching plan to help the economy recover from the coronavirus pandemic while ensuring efforts to fight the outbreak do not falter. Canada is at a ‘crossroads’ in the fight against a second surge of COVID-19 infections, health officials said on Tuesday, when cases rose by 1,248 from the previous day.
Source: https://www.reuters.com/article/canada-stocks/canada-stocks-tsx-falls-on-virus-worries-downbeat-us-economic-data-idUSL3N2GK39D