The Canadian market ended sharply lower on Tuesday, weighed down by losses in energy, materials and technology sectors. Weak commodity prices, and concerns about global economic growth and uncertainty about the pace of U.S. interest rate cuts rendered the mood bearish.
The benchmark S&P/TSX Composite Index, which fell to a low of 22,976.55, losing nearly 370 points in the process, ended with a loss of 303.73 points or 1.3% at 23,042.45.
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