TSX Swoons to End Week

Baystreet
2025.12.05 21:51
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The TSX fell 166.16 points due to weakness in gold and health-care stocks. Laurentian Bank's Q4 profits missed estimates, and Fairfax Financial sold shares in Orla Mining. TD shares rose, while Bausch Health and Wesdome Gold declined. Statistics Canada reported 54,000 new jobs in November, with unemployment at 6.5%. The Bank of Canada is expected to hold interest rates. On Wall Street, the S&P 500 rose, driven by inflation data. Netflix shares fluctuated after a deal with Warner Bros. Discovery. The PCE index was 2.8%, and the 10-year Treasury yield increased.