TSX Drops One Percent on Tech and Mining Declines
Canada's main stock index fell from a four-week high as sliding metal prices and renewed concerns over artificial intelligence spending weighed on markets. Technology shares and mining stocks led the declines.
Xurve View
Insights:
Xurve View
Canada's main stock index fell 351.54 points, or 1%, to 35,973.45 during Thursday morning trading as tech and mining shares slumped. The pullback erased gains from a four-week high reached earlier in the week. Investors are re-evaluating tech valuations and commodity exposure amid escalating inflation concerns.
