TSX Extends Slide on Weak Oil Prices

Canada main stock index fell for a third straight session as declining oil prices and elevated bond yields dragged down energy shares. Brent crude dropped over one percent while financial stocks limited losses.

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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 0.12% to 35,663.77 points during Friday morning trading, heading for a third consecutive decline. High bond yields and falling energy shares weighed on market sentiment. The retreat follows broad downward pressure across resource sectors as global economic worries intensified.

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