India, April 30 -- After ending yesterday's choppy session modestly higher, Canadian stocks showed a notable move back to the downside in early trading on Wednesday.
The benchmark S&P/TSX Composite Index showed a notable recovery attempt going into the close of trading but still ended the day down 32.80 points or 0.1 percent at 24,841.68. The index had slumped by as much as 1.5 percent.
The early weakness on Bay Street came after the U.S. Commerce Department released a report showing the U.S. economy unexpectedly shrank in the first three months of 2025.
The Commerce Department said real gross domestic product fell by 0.3 percent in the first quarter after surging by 2.4 percent in the fourth quarter of 2024. Economists had expected GDP ...