off-the-wire

TSX subdued at open as energy stocks drag; Fed rate decision on tap

Kitco Media
By Reuters
Published:
Updated:
Reuters

May 3 (Reuters) - Canada's main stock index was subdued at the open on Wednesday, as a drop in crude prices dragged energy shares down, while investors remained cautious before the U.S. Federal Reserve's policy meeting outcome.

At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) was down 3.38 points, or 0.02%, at 20,404.18.

Reporting by Shristi Achar A in Bengaluru; Editing by Shilpi Majumdar
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