TSX Recovers Slightly Over Final Hour, But Still Closes 160 Pts Lower

By MT Newswires,  April 23, 2012, 04:08:57 PM EDT

Canada's main stock market recovered around a dozen points over the final hour in crawling back toward the 12,000 level, but it still ended the day down around 150 points - led by selling in commodity stocks - as disappointing Chinese and European manufacturing data and political tension in France and the Netherlands raised concerns about the pace of the global economic recovery.

Investors are afraid this will have a knock-on demand for commodities such as oil, the price of which declined today.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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