TSX heads for weekly loss as energy stocks decline

The S&P/TSX composite index dropped on Friday due to falling oil prices and uncertainty over Middle East negotiations. Energy stocks led the decline today.

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The main stock index in Canada edged lower on Friday, positioning the market for its first weekly decline in a month. Investor sentiment was primarily weighed down by uncertainty surrounding geopolitical negotiations involving Iran and the United States, which pressured the influential energy sector.

The historic Art Deco exterior of the Toronto Stock Exchange located on Bay Street in Ontario. REUTERS/Chris Helgren/File Photo
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