Canada Stocks Retreat as Global Events Weigh on Largest Sectors
- Raw-materials producers rise on gold rush from Clinton probe
- Valeant Pharmaceuticals falls to lowest level since July
Friday's Canadian Stock Movers
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Canadian stocks declined after the nation’s largest industries slumped amid global concerns, ranging from OPEC production cuts to the U.S. presidential election.
The S&P/TSX Composite Index fell 0.3 percent to 14,785.29 at 4 p.m. in Toronto, erasing an advance in afternoon trading after the U.S. Federal Bureau of Investigation said it’s reopening an inquiry into Hillary Clinton’s use of private e-mail. The gauge lost 1 percent for the week, with health-care and real estate shares taking the biggest hits. The S&P/TSX is up almost 14 percent in 2016, the top performance among developed equity markets tracked by Bloomberg.