(Bloomberg) -- Canadian stocks may fall for a fourth
day, on concern higher borrowing costs will push the United States
into recession, reducing demand for Canadian exports from the
country's biggest trading partner.
Commodity producers including Teck Cominco Ltd. and Canadian
Natural Resources Ltd. may decline as prices of copper and crude
oil slide. Raw-materials and energy stocks have been among the best
performers this quarter in the Standard & Poor's/TSX Composite
Index. Interest-rate sensitive financial shares such as Bank of
Nova Scotia may also decline.
Read more at Bloomberg Stocks News
day, on concern higher borrowing costs will push the United States
into recession, reducing demand for Canadian exports from the
country's biggest trading partner.
Commodity producers including Teck Cominco Ltd. and Canadian
Natural Resources Ltd. may decline as prices of copper and crude
oil slide. Raw-materials and energy stocks have been among the best
performers this quarter in the Standard & Poor's/TSX Composite
Index. Interest-rate sensitive financial shares such as Bank of
Nova Scotia may also decline.
Read more at Bloomberg Stocks News
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