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TSX Down Over 220 Points as Materials, Energy Sectors Fall

BY MT Newswires | ECONOMIC | 12:17 PM EDT

12:17 PM EDT, 06/24/2026 (MT Newswires) -- The Toronto Stock Exchange is down over 220 points at midday with the materials and energy sectors the hardest hit, with both sectors down more the 3%.

Gold fell to a multi-month low today, slipping below US$4,000 per ounce, on traders' expectations that the U.S. Federal Reserve will raise interest rates this year as well as a strong U.S. dollar.

Crude oil is down 4% to hover around US$70 per barrel as more ships pass through the Strait of Hormuz.

Info tech, up 3.4% is the top performer, followed by the healthcare sector, which is 1.8% higher.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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