Toronto stocks drop on global bond and energy worries
Canadas main stock index fell as a downbeat mood swept global markets due to persistent bond yield pressures and rising energy prices. Healthcare and consumer discretionary sectors led the losses, overshadowing gains in energy and mining shares.
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Canada's main stock index fell 0.3% on Thursday morning, mirroring a downbeat global mood as investors questioned bond market interventions. The S&P/TSX Composite Index dropped as persistent inflation and debt worries weighed on investor sentiment. Global markets remain jittery over unorthodox fiscal measures and supply constraints.
