The Globe and Mail reports in its Tuesday, Nov. 18, edition that Canadian stocks ended sharply lower on Monday. A Reuters dispatch to The Globe reports that the S&P/TSX Composite Index ended down 250.25 points, or 0.8 per cent, at 30,076.21, its lowest closing level since Nov. 7.
The TSX technology sector fell 2.1 per cent, with shares of Lightspeed Commerce down 4.9 per cent. The materials group ended 1.4 per cent lower as the price of gold fell on reduced expectations of a U.S. interest rate cut next month.
Three of 10 major TSX sectors ended higher, including consumer staples, which added 0.8 per cent.
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