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TSX opens lower as bank earnings, US debt deal uncertainty weigh

2023-05-24 21:52
Canada's main stock index extended losses on Wednesday after two top lenders reported disappointing quarterly earnings, while U.S.
TSX opens lower as bank earnings, US debt deal uncertainty weigh

Canada's main stock index extended losses on Wednesday after two top lenders reported disappointing quarterly earnings, while U.S. debt deal uncertainty also weighed on investor sentiment.

At 14:33 a.m. ET (13:33 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 129.18 points, or 0.64%, at 20,016.83.

(Reporting by Johann M Cherian in Bengaluru; Editing by Rashmi Aich)