TSX opens lower on rising oil prices and bond yields
Canadas benchmark stock index fell as elevated oil prices and rising bond yields dampened risk appetite. Investors await minutes from the US Federal Reserve meeting.
Insights:
Canada's benchmark stock index fell 0.9% to 35,321.45 points during Wednesday morning trade. Mining shares led the decline as higher oil prices and rising bond yields hit investor appetite. The losses come ahead of crucial monetary policy minutes from the United States Federal Reserve.
