TSX Tumbles 73 Points on Fed Fears, All Sectors Down, Miners Lead Broad Selloff on Weak Metals

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North American stocks took a dive at midday, with the S&P TSX Composite Index posting a 73-point loss, after investors' sentiments were hurt by the U.S. Federal Reserve's plan of ending its stimulus program earlier than expected.

Every major sector was in the red, with miners leading with a 1.18% loss after gold, silver, and copper prices fell 0.57%, 1.08%, and 1.19%, respectively. Utilities came in second, losing 1.07% at midday.

Lower crude oil price, down 0.35% to $107.08 a barrel, have hurt energy stocks, which fell 0.77%. Financials slipped 0.61%.




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This article appears in: Investing , Commodities

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