TSX Flat Amid Tech Gains, Mining, Financial Losses
Canada's S&P/TSX Composite Index opened flat on Thursday, as gains in the technology sector were offset by losses in mining and financial stocks. Investors were also monitoring global bond markets.
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TSX Edges Lower as Mining Stocks Weigh
The S&P/TSX Composite Index edged 0.1% lower to close at 35,706 on Thursday as mining losses and a subdued financial sector weighed on the index. Canada’s 10-year yield reached a three-year high as energy-driven inflation concerns persisted and US Treasury yields soared to multi-decade highs. Crude oil and global yield