Globe Advisor
 

January 22, 2021

 
 
Latest market wrap
 
At midday: TSX falls on dismal preliminary December retail data
 

CARLOS OSORIO/Reuters

At midday: TSX falls on dismal preliminary December retail data
Canada’s main stock index fell on Friday and is set to end the week down 0.7%, dragged by energy and material stocks, after preliminary data showed a sharp drop in retail sales in December.
 
At 11:30 a.m. ET, the Toronto Stock Exchange’s S&P/TSX composite index was down 122.54 points, or 0.68%, at 17,793.66.
 
The nation’s retail sales jumped much more than expected in November, but preliminary figures for December suggest a sharp drop as novel coronavirus restrictions were re-imposed, Statistics Canada said.
 
 
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