TSX falls more than 1% in Friday trading

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Broad-based losses on the TSX were led by financial, telecom and base metal stocks.

Canada’s main stock index fell more than one per cent Friday with broad-based losses led by financial, telecom and base metal stocks, while U.S. markets also fell to close the week.In New York, the Dow Jones industrial average was down 286.89 points at 33,127.28.The S&P 500 index was down 53.84 points at 4,224.16, while the Nasdaq composite was down 202.37 points at 12,983.81.The December crude contract was down 29 cents at US$88.

The December gold contract was up US$13.90 at US$1,994.40 an ounce and the December copper contract was down four cents at US$3.56 a pound.Poilievre urges feds to block RBC’s $13.5B takeover of HSBC over competition concernsAlberta livestock producers affected by drought to receive support to offset costs

 

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