Canada: TSX Slips on Global Risk-Off Mood.

The S&P/TSX Composite Index fell 0.5% to trade below the 35,000 mark on Tuesday, tracking global equities amid a broad selloff in technology stocks and persistent concerns over elevated interest rates. Worries that speculative AI spending by hyperscalers is running ahead of fundamentals weighed on North American tech shares and hurt overall risk appetite. Celestica plunged nearly 7%, leading losses in the tech sector. Gold prices also declined, extending pressure on mining stocks after the hawkish projections from the US Federal Reserve last week. Agnico Eagle, Barrick, and Franco-Nevada lost around 3%, while WPM fell more than 4%. Meanwhile, oil prices dropped for a second straight session as supply concerns eased amid progress in restoring shipments through the Strait of Hormuz, reducing fears of energy-driven inflation but weighing on energy shares.