TORONTO — Canada’s main stock index fell in late-morning trading, weighed down by losses in the utility and financial sectors, while U.S. stock markets climbed higher even as China raised its tariffs on U.S. goods in response to the latest moves by U.S. President Donald Trump.
“Growing concern about the potential impact of tariffs on the world economy has put stocks under pressure again today,” said SIA Wealth Management portfolio manager and chief market strategist Colin Cieszynski in a note Wednesday.
The S&P/TSX composite index was down 41.29 points at 22,465.61.
In New York, the Dow Jones industrial average was up 120.06 points at 37,765.65. The S&P 500 index
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