TSX Turns Lower As Energy Issues Weigh
Toronto's main stock index turned lower on midday Tuesday, down by 15 points, weighed down by energy companies as oil continued to fall amid further indications of a slowing economy in the United States, Canada's largest trading partner.
The energy sector was down 0.48% as the June crude contract on the New York Mercantile Exchange fell $1.29 at US$96.08 a barrel while the gold sector was down 0.56% while the June gold contract fell $10.70 to US$1,479.90. Base metal and financial issues, however, were higher.
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