Canada
• The S&P/TSX Composite increased 0 62% on the week led by a 10.62% increase in the Health Care sector.
• According to Statistics Canada, Canada's retail sales fell 0.3% in January after a 0.9% jump in December that was spurred by holiday season sales. Retail sales in January totaled $66.38 billion with a contraction in three of the nine sub-sectors. Sales declined the most in the new cars and auto parts category, which registered a 2.4% drop and fell for the first time in five months.
United States
• The S&P/500 Composite increased 2.29% on the week.
• The Federal Reserve maintained its key interest rate at a 23-year high range of 5.25-5.50%, during its March 2024 FOMC meeting
Source: Morningstar
Full report here
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