After hitting a record high in the previous session, Canada’s main stock index tumbled lower on Thursday, mostly thanks to healthcare and tech market losses. The telecom sector was the only gainer for the TSX.
It was a similar story south of the border, where US stocks pulled back after a continued market rotation powered the Dow Jones Industrial Average to fresh highs.
The Canadian dollar traded for 71.26 cents US compared to 71.41 cents US on Wednesday.
US crude futures traded $0.22 higher at US$58.71 a barrel, and the Brent contract rose $0.31 to US$63.02 a barrel.
The price of gold was down US$53.11 to US$4,153.89.
In world markets, the Nikkei was up 218.52 points to ¥51,281.83, the Hang Seng was up 150.30 points to HK$27,073.03, the FTSE was down 103.74 points to ₤9,807.68, and the DAX was down 339.84 points to €24,041.62.
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