India, April 10 -- Canadian stocks moved sharply lower during trading on Thursday, giving back ground following the spike seen over the course of Wednesday's session.
After soaring 1,220.13 points or 5.4 percent to 23,727.03 on Wednesday, the benchmark S&P/TSX Composite Index plunged 712.16 points or 3.0 percent to 23,014.87.
The sharp pullback on Bay Street came as traders looked to cash in on the surge seen in afternoon trading on Wednesday after President Donald Trump announced a 90-day pause on new "reciprocal tariffs."
Ongoing concerns about rising trade tensions between the U.S. and China also weighed on the markets, as Trump excluded the country from the pause and even raised the tariff on Chinese goods to 125 percent.
Uncertaint...