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CORRECTED-CANADA STOCKS-TSX ends at seven-month low as rate hike outlook hits riskier assets
July 7, 2017 / 8:23 PM / a month ago

CORRECTED-CANADA STOCKS-TSX ends at seven-month low as rate hike outlook hits riskier assets

(Corrects headline to say seven-month low instead of seven-year low)

TORONTO, July 7 (Reuters) - Canada's main stock index closed at a seven-month low on Friday as a slump in resource stocks led declines on higher bond yields, weaker oil prices, and North American jobs data that bolstered expectations of interest rate hikes.

The Toronto Stock Exchange's S&P/TSX composite index ended down 50.84 points, or 0.34 percent, at 15,027.16. It fell as low as 14,915.78 during intraday trading, its lowest since mid-November.

Six of the index's 10 main groups fell. (Reporting by Solarina Ho; Editing by Andrew Hay)

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