Toronto stocks faced a decline on Monday, primarily due to technologies shares getting impacted by increasing U.S. Treasury yields. Investors are eagerly awaiting inflation information this week, which will offer extra insight into the Bank of Canada’s interest price outlook. At ten:22 a.m. ET, the Toronto Stock Exchange’s S&P/TSX composite index was down by .66% and set to knowledge its worst day in just about two weeks. The technologies sector was specifically impacted, with a .eight% dip. Genuine estate stocks also fell by .six% following a decline in Canadian housing begins in August.
Technologies Stocks Decline, Setting TSX up for Its Worst Day in Just about two Weeks
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