20.05.2016 14:32:44

Bay Street In Doldrums Amid US Rate Hike Chatter -- Canadian Commentary

(RTTNews) - Canadian stocks may struggle to end the week on a high note Friday as commodity prices wobbled.

With little corporate or economic news to chew on, markets are likely to remain fixated on the prospect of a US interest rate hike in June.

WTI light sweet crude for July was down 5 cents at $48.08 a barrel.

Gold was up $2.40 at $1257 an ounce, having dropped from above $1280 earlier in the week.

Bombardier (BBD.B.TO) said it will deliver 16 streetcars to Toronto by the end of this year, 40 in 2017, 76 in 2018, and 57 in 2019.

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