TSX on track to close down for second straight week as financials, energy bite

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Fears of a banking meltdown pulled down the financial and energy sectors on the TSX as the index headed for week two of losses. Read on.

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Canada’s main stock index fell on Friday, dragged down by losses in financials as fears of a global banking meltdown continued to worry investors, while lower oil prices weighed on energy stocks.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account

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TSX on track to close down for second straight week as financials, energy biteFears of a banking meltdown pulled down the financial and energy sectors on the TSX as the index headed for week two of losses. Read on.
Source: financialpost - 🏆 7. / 85 Read more »

TSX on track to close down for second straight week as financials, energy biteFears of a banking meltdown pulled down the financial and energy sectors on the TSX as the index headed for week two of losses. Read on. These stock markets are like that annoying kid you used to play games with. But will only play if they're winning. And when they're losing they just 'don't feel like it' anymore. Umm .. it's not supposed to work that way, they should be able to close, but not reopen if they do.
Source: nationalpost - 🏆 10. / 80 Read more »