Canada TSX Falls to Four-Week Low
Canada benchmark index fell to a four-week low as falling gold prices and rising global bond yields dented investor sentiment. The S&P TSX Composite Index ended down 1.2 percent at 35825.73 on Tuesday.
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Canada's benchmark index dropped 444.75 points, or 1.2%, to 35,825.73 on Tuesday, hitting a four-week low. The decline extends a pullback from a record closing high set the prior week amid surging borrowing costs. The drop reflects growing investor angst over government debt levels and inflation pressures across North America.
