TSX stays in the red as BoC holds rates, financials fall : v

TSX stays in the red as BoC holds rates, financials fall


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Canada’s main stock index stayed in negative territory following a lower open on Wednesday after the Bank of Canada held its key lending rate steady, while heavyweight financial stocks declined.
* At 10:06 a.m. ET (1406 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 74.52 points, or 0.37%, at 19,991.4.
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TSX stays in the red as BoC holds rates, financials fall Back to video
* The Bank of Canada left its key interest rate unchanged at 0.25%, as expected, and said it would maintain its current policy of quantitative easing.

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