Canada stocks: TSX opens lower as higher yields weigh on sentiment
EWC•The S&P/TSX Composite opened down 0.17% at 34,983.38 points, with financials leading declines as rising bond yields and oil prices aggravated concerns about inflation and higher interest rates.
1. TSX opens lower
Canada’s blue-chip stock index opened lower on Thursday, with financials leading declines. The S&P/TSX Composite was down 0.17% at 34,983.38 points at 9:31 a.m. ET as rising bond yields and oil prices aggravated investor concerns about inflation and higher interest rates.
