TSX Falls to Eight Day Low on Yields
Canada main stock index dropped to an eight day low as rising bond yields and climbing oil prices weighed on investor sentiment. Financial and technology shares led the declines while ongoing trade tensions between the United States and Canada added pressure.
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Canada's main stock index fell 216.49 points, or 0.6%, to 35,906.56 on Wednesday afternoon, hitting an eight-day low. The drop marked the index's third consecutive session of declines amid rising bond yields and escalating trade tensions. The losses reflect growing pressure on equities during a seasonally challenging month for global markets.
