Toronto stocks dip as demand fears slam commodities
Canada’s resource-heavy main stock index fell on Monday as fresh COVID-19 curbs in China and worries over a potential global economic slowdown due to looming interest rate hikes dented oil and metal prices.
At 9:30 a.m. ET, the Toronto Stock Exchange’s S&P/TSX composite index was down 117.61 points, or 0.62%, at 18,905.25. (Reporting by Bansari Mayur Kamdar in Bengaluru)