Technologies Stocks Decline, Setting TSX up for Its Worst Day in Just about two Weeks
Technology

Technologies Stocks Decline, Setting TSX up for Its Worst Day in Just about two Weeks

Editor

Toronto stocks faced a decline on Monday, mostly due to technologies shares becoming impacted by increasing U.S. Treasury yields. Investors are eagerly awaiting inflation information this week, which will give a lot more insight into the Bank of Canada’s interest price outlook. At ten:22 a.m. ET, the Toronto Stock Exchange’s S&ampP/TSX composite index was down by .66% and set to knowledge its worst day in just about two weeks. The technologies sector was especially impacted, with a .eight% dip. True estate stocks also fell by .six% just after a decline in Canadian housing begins in August.

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