(Updated at 10:38 a.m. ET/ 1538 GMT)
By Ragini Mathur and Nikhil Sharma
Dec 12 (Reuters) – Canada’s main stock index dropped to a more-than-two-week low on Thursday, dragged by commodity stocks, as investors grew nervous about the domestic economic growth amid looming tariff threats by Donald Trump.
The Toronto Stock Exchange’s S&P/TSX composite index was down 209.55 points, or 0.82%, at 25,448.45, and was trading at its lowest since Oct. 31.
At least nine sectors on the index nursed losses, led by the commodity-focussed sectors, with materials falling 2.1%, tracking gold and copper prices.
The heavyweight energy also declined 2% as oil prices decreased following forecasts of ample supply, which offset the optimism around a potential U.S. interest rate cut.
The Canadian central bank slashed its key policy rate by 50 basis points on Wednesday to help boost the country’s slower growth.
“This is the fifth consecutive rate cut…
