Canadian stocks continued to slide for the fifth consecutive session on Friday, posting their longest losing streak in over six months, as a pullback in metals prices and rising Treasury bond yields weighed on investors’ sentiments. The S&P/TSX Composite Index slipped by 88 points, or 0.4%, for the day to settle at 24,464.
Nearly all key sectors ended the session in the red, but the market selloff was mainly led by heavy losses in real estate, consumer, and technology stocks amid risk-off trading, reflecting growing concerns about the near-term economic outlook. With this, the TSX benchmark lost 1.4% of its value last week, ending its six-week winning streak.
Top TSX Composite movers and active stocks
StorageVault Canada, Equinox Gold, SSR Mining, and SilverCrest Metals were the worst-performing TSX stocks in the last session, with each falling by at least 3.9%.
On the flip side, Winpak (TSX:WPK) jumped by 4.5% to $49.47 per…
