TORONTO — Canada's main stock index closed down Wednesday in a broad-based decline on subdued trading while U.S. markets were closed.The decline marked a continuation of a market retreat that has seen the TSX index down about 4.4 per cent in the last month, while the S&P in New York is up 3.5 per cent, said Michael Currie, senior investment adviser at TD Wealth.
"It's certainly not crashing by any stretch, but the general trend has been negative and that seems to be more of what's continuing today." The holiday led to more subdued trading in Canada as well, with about 96 million shares traded on the TSX compared with an average volume of 226 million.
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