Canada Stocks Drop as Energy Shares Fall Amid Economic Concerns
- Energy, financials and industrials drop at least 1.5 percent
- Crude retreats a 2nd day after Fed warns of global growth
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Canadian stocks fell, halting a three-day advance, as commodity and financial shares tumbled amid a selloff in developed-nation equities after the U.S. Federal Reserve’s decision to keep interest rates unchanged.
Stocks slid 1 percent, led by a 1.8 percent decline among industrials companies as railway operators Canadian National Railway Co. and Canadian Pacific Railway Ltd. tumbled.