Canada stocks edge lower ahead U.S. Fed decision

SAN FRANCISCO (MarketWatch) -- Canadian equities edged lower Thursday, with technology and metals mining shares leading the losses, as the market awaited the U.S. Federal Reserve's decision on monetary policy. The S&P/TSX Composite Index fell 15 points, or 0.1%, to 12,217.99. Shares in the technology sector /zigman2/quotes/210598463/delayed XX:TORGC194 -1.00% fell by 1.2%, with shares of Research In Motion Ltd. down 0.8%. The diversified metals and mining sector slipped 0.5% as shares of First Quantum Minerals Ltd. /zigman2/quotes/209694942/delayed CA:FM +0.90% fell 0.4%. Statistics Canada reported that the nation's industries operated at 81.0% of their production capacity in the second quarter, up 0.5 percentage point from the previous quarter. Canada's loonie slipped against its U.S. counterpart, with one U.S. dollar /zigman2/quotes/210561978/realtime/sampled USDCAD -0.0515% buying 97.65 Canadian cents, up from 97.58 Canadian cents late Wednesday.

/zigman2/quotes/210598463/delayed

Add to watchlist XX:TTTK

S&P/TSX Capped Information Technology Index

XX : Canada: Toronto

161.16

-1.63 -1.00%

Volume: 13.31M

March 28, 2023 4:55p

/zigman2/quotes/209694942/delayed

Add to watchlist CA:FM

First Quantum Minerals Ltd.

CA : Canada: Toronto

$ 29.20

+0.26 +0.90%

Volume: 1.50M

March 28, 2023 4:17p

P/E Ratio

15.21

Dividend Yield

0.89%

Market Cap

$20.04 billion

Rev. per Employee

N/A

/zigman2/quotes/210561978/realtime/sampled

Add to watchlist USDCAD

Canadian Dollar

US : Tullett Prebon

1.3592

-0.0007 -0.0515%

Volume: 0.0000

March 28, 2023 8:04p