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Canada Stocks Fall as Barrick Drops on U.S. Dollar
Dec. 08, 2010 02:25PM PST
Precious Metals InvestingBloomberg reports that Canadian stocks fell for a second day, led by mining companies, as precious metal prices declined.
Bloomberg reports that Canadian stocks fell for a second day, led by mining companies, as precious metal prices declined.
The market news is quoted as saying:
Goldcorp Inc., Ivanhoe Mines Ltd., Barrick Gold Corp. and Silver Wheaton Corp. were among the biggest contributors to the drop in the Standard & Poor’s/TSX Composite Index. Materials producers, the third-largest of the index’s 10 industries, fell 2 percent as a group, more than any other.
