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TSX Tumbles 199 Points at Midday As Resources, Financials Dive

The TSX fell 199 points at midday, weighed down by weak resource and financial stocks.

Commodity prices were lower on Tuesday amid fears over global growth, following disappointing economic data out of China and Europe. At last check, gold and Brent oil were down 0.6% and 1.5%, respectively.

The mining and energy group retreated 4.7% and 2.7%, respectively, while financials tumbled 1.9%. Only healthcare was in the green, up 0.4%.

Total volume traded so far stood at 238.7 million shares. Aberdeen International (AAB.TO) was the most actively traded stock.

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

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

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