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Stan in Reuters

TSX falls as resource stocks, financials lose ground

April 4, 2016

“Like the cold weather we are having on Bay Street, the TSX (Toronto Stock Exchange) may be set for some cooling as well,” said Stan Wong, Director of Wealth Management at ScotiaMcLeod, referring to the unseasonably cold weather that has gripped Toronto’s financial district.

“Investors are taking their bets off the table” amid concern about the strength of China’s economy and retracement in the price of crude oil, said Wong.

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