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Forex

TSX Suffers Second Day of Heavy Losses Amid Consumer Stock Decline

Guavy AI Editorial Team
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CAD
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The TSX suffered its second consecutive day of heavy losses on Tuesday, mirroring the downturn in US equities.

Consumer stocks bore the brunt of the decline, with Restaurant Brands International and BRP Inc. leading the pack in losses.

Energy was a rare bright spot, with Headwater Exploration and Tamarack Valley posting gains amidst the overall market slide.

The TSX itself lost 120.46 points to close at 35,582.07, while the Canadian dollar fell 0.10 cents to 71.84 cents.

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