India, Feb. 20 -- Canadian stocks closed weak on Thursday, weighed down by fears of fresh levies by the Trump administration on more goods sometime soon.
The U.S. President, who previously announced duties on cars, semiconductors and pharma products imported into America, has announced plans to unveil fresh tariffs on lumber and forest products, which could significantly hurt Canada.
Investors reacted to a slew of corporate earnings updates and digested the nation's producer prices data.
The benchmark S&P/TSX Composite Index ended with a loss of 112.08 points or 0.44% at 25,514.08, nearly 80 points off an early low of 25,436.88.
Technology, consumer staples and industrials stocks closed weak. Healthcare and materials shares found good s...