TSX opens lower after higher US inflation data, TD Bank drops

Date:

Oct 10 (Reuters) – Canada’s main stock index opened lower on Thursday as a higher-than-expected U.S. inflation data kept the Federal Reserve on course for a quarter-point-reduction in November, while TD Bank (TD.TO), opens new tab dropped after reports of penalty on the lender.

At 9:31 a.m. ET (13:31 GMT), the Toronto Stock Exchange’s S&P/TSX composite index (.GSPTSE), opens new tab was down 16.34 points, or 0.07%, at 24,208.56.

Reporting by Nikhil Sharma in Bengaluru; Editing by Leroy Leo

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc….

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