S&P/TSX composite was down more than 780 points on Thursday
Shopify Inc. was the largest drag on Canada's benchmark index
Disappointing U.S. retail sales raise bets for more rate cuts
Chip, software companies up as 'bargain hunters' step in
Rents are still 12.9% higher than levels seen before the Covid pandemic
Precious metals action calms, while Dow Jones tops 50K
Sharp drops for big tech companies yanked the U.S. market lower
Some borrowers are extending their amortization periods to lower their monthly payments
Meanwhile, gold and silver prices rose after paring bigger, early gains
Precious metals stage recovery while tech stocks see declines