The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019.
The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended down 233.17 points, or 1.2%, at 19,115.64, its lowest closing level since Oct. 4.
"Although they're pulling back today, yields are in breakout mode and have yet to run into any resistance.
Investors worry that high borrowing costs could derail economic growth.
"The declines today are (particularly) evident in two sectors, financials and energy, both economically sensitive," Michael said.
Persons:
Chris Helgren, Brandon Michael, Michael, Financials, Fergal Smith, Khushi Singh, Jonathan Oatis
Organizations:
Toronto Stock Exchange, REUTERS, Toronto Stock, ABC Funds, Thomson
Locations:
Toronto , Ontario, Canada, Toronto, Bengaluru