TSX Composite Index Recap

On March 4, the TSX ended at 33,942.86, up 0.5% or 157.92 points from the previous day's close. This rebound comes after a sharp decline the day prior.

Market Performance

• Technology sector: Up 2.2%, led by a 6% gain in Shopify Inc. shares.
• Heavily weighted financials and materials group: Up 0.5%.
• Gold price: Up 1% as the recent rally in the U.S. dollar paused.

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Notable Stock Movement

• SSR Mining: Up 14.6% after announcing a binding memorandum of understanding to sell its 80% stake in Turkey's Copler mine to Cengiz Holding A.S. for $1.5 billion in cash.

Economic Data

• Canada's services economy contracted for a fourth straight month in February, with declines in activity and new business attributed to an uncertain trading environment.
• S&P Global's Canada services PMI data showed a decline in the services economy.

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Sector Performance

• Four of the 10 major sectors ended lower, including:

• Industrials: Down 0.7%
• Consumer staples: Down 0.7%