TSX index falls for fifth day as mining shares decline
Canada's main stock index fell 0.8% to a three-week low on Wednesday amid Middle East tensions. Metal mining and industrial shares led the broad market decline.
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Canada's S&P/TSX composite index fell 265.95 points or 0.8% to 33,318.39 on Wednesday evening. The drop marks a three-week low and the longest daily losing streak since December 2024. Investors are pricing in higher inflation and potential interest rate hikes as Middle East tensions disrupt global trade.
