Canada TSX Drops on Mining Losses
Canadas main stock index declined as mining shares fell and oil prices topped one hundred dollars per barrel. Higher bond yields also weighed on market sentiment amid ongoing geopolitical tensions.
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Canada's main stock index fell 1% to 35,959.38 points Wednesday morning, driven down by heavy losses in materials and oil prices topping $100 per barrel. The decline marks the index's largest single-session drop in two weeks. Seven of the index's ten sectors retreated as macro pressures mounted.
