TSX declines as emerging-market fears spread

24 Jan, 2014

TORONTO: Canada's main stock index recorded its biggest single-day drop in seven months on Friday as expectations the US Federal Reserve will further scale back its stimulus program gathered momentum, hitting emerging-market assets and denting investor sentiment.

The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 215.21 points, or 1.54 percent, at 13,717.76. Eight of the 10 main sectors on the index were in the red. January 25, 2014

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