TSX opens lower as higher oil, yields hit risk appetite
EWC•Canada’s S&P/TSX Composite Index fell 0.9% to 35,321.45 points at 9:32 a.m. ET on Wednesday, as losses in miners, elevated oil prices and rising bond yields weighed on the market.
1. Index falls at open
Canada’s benchmark stock index fell on Wednesday, weighed down by losses in miners. Elevated oil prices and rising bond yields dampened risk appetite ahead of the release of minutes from the U.S. Federal Reserve’s September meeting later in the day.
