Canada TSX Falls as Middle East Tensions Weigh

Canadas main index dropped to a weekly low on Monday as renewed Middle East hostilities and US trade concerns dampened investor risk appetite. Gains in energy stocks provided some cushion while technology and materials sectors declined.

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The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren

Canada's main stock index fell 0.6% to 36,344.52 points on Monday morning as renewed Middle East hostilities and trade tensions weighed on investor sentiment. The drop pushed the benchmark to a more than one-week low, offsetting gains in domestic energy shares.

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