TSX Slides as Sentiment Remains Uncertain Ahead of Key US Inflation Data By Investing.com

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© Reuters.

By Ketki Saxena

Investing.com — Canada’s main stock index, the S&P/TSX Composite, tracked the and lower as rising US Treasury yields and hawkish Fed speak weighed on sentiment ahead of key inflation data due later this week.

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Toronto Stock Market News

K92 Mining (TSX:) shares rose to the top of the after reporting a record quarterly output. Record quarterly ore processed came in 151,908 metric tons or 1,651 tons/day, up 25% year over year. K92 also announced the appointment of a new chief operating officer.

Tilray (TSX:) reported revenue up 34% year over year, totalling US$193.8 million, up from US$144.1 million a year ago. The cannabis company posted a net loss for the quarter,…

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