Canada’s main stock index finished lower on Tuesday as technology and mining stocks came under pressure, outweighing gains in the energy sector. Investors stayed on the sidelines amid rising global bond yields and ongoing concerns about developments in the Middle East.
Meanwhile, US markets declined as Treasury yields climbed, raising fears that inflation could remain stubbornly high. Weakness in semiconductor stocks also contributed to the broader market selloff.
| TSX | 36,367.93 | -299.99 |  |
| TSXV | 944.87 | -19.29 | |
| CSE | 168.34 | -0.89 | |
| DJIA | 53,343.40 | -116.38 | |
| NASDAQ | 26,289.71 | -355.20 | |
| S&P 500 | 7,691.76 | -53.30 | |
The Canadian dollar traded for 71.95 cents US compared to 72.08 cents US on Monday.
US crude futures traded $0.50 higher at US$85.01 a barrel, and the Brent contract rose $0.12 to US$90.99 a barrel.
The price of gold was down US$31.92 to US$4,412.14.
In world markets, the Nikkei was down 1,759.52 points to ¥67,460.73, the Hang Seng was up 17.92 points to HK$25,471.15, the FTSE was up 7.74 points to ₤10,720.30, and the DAX was down 210.25 points to €26,128.36.
