TSX Down As Materials Stocks Tumble Again, Looks Set For Another Weekly Loss

Canadian equities were notably lower around noon Friday, driven by sharp losses in the materials, technology and consumer durables sectors. The intraday sell-off signals a risk-off shift that could weigh on near-term market sentiment for cyclical and tech names.

Analysis

Canadian equities were notably lower around noon Friday, driven by sharp losses in the materials, technology and consumer durables sectors. The intraday sell-off signals a risk-off shift that could weigh on near-term market sentiment for cyclical and tech names.