First Majestic Silver Corp. shares fall 2.27% intraday as Toronto Stocks pull back, echoing Wall Street weakness.

First Majestic Silver Corp. declined 2.27% intraday, with the Toronto Stock Exchange's S&P/TSX Composite Index also experiencing a pullback. This was due to broader market weakness, as U.S. stocks turned lower after President Trump indicated he may attempt to remove Federal Reserve Chair Jerome Powell from his job soon. Additionally, trade tensions and concerns about tariff-induced inflation weighed on the markets, with investors closely watching U.S. producer prices data.