TSX Blunders to Begin Wednesday
Baystreet·
- Canada's benchmark stock index slipped 562.66 points to open at 35,086.85 on Wednesday, driven by losses in the mining and financial sectors.
- Elevated oil prices and rising yields fueled inflationary fears, causing the TSX Composite Index to drop 1.6% alongside broader market declines.
- Wall Street stocks also fell as surging Treasury yields and borrowing cost concerns pressured financial and technology equities.
