The Globe and Mail reports in its Tuesday edition that Canada's main stock index pulled back from a record high on Monday, as financial and real estate stocks lost ground ahead of corporate earnings results and an interest-rate decision by the Bank of Canada. A Reuters dispatch to The Globe says the S&P/TSX Composite Index ended down 99.21 points at 24,723.33, after posting an all-time closing high on Friday. "In Canada, everybody's still waiting to find out about happens with rates," said Michael Sprung, president of Sprung Investment Management. "Up to this point it has been feeding a fair amount of optimism." Investors are betting that the Canadian central bank will cut its benchmark rate by half a percentage point Wednesday. U.S. benchmark the S&P 500 also fell as investors awaited earnings from major companies to gauge whether equities will sustain the recent rally. "People who are hoping for a big fourth quarter in terms of consumer activity may be getting a little bit nervous about it," Mr. Sprung said. Financials and real estate declined as bond yields climbed. Canada Goose Holdings fell 6.7 per cent after Goldman Sachs downgraded it to "sell" from "neutral" ahead of second-quarter results on Nov. 7.