India, Nov. 10 -- Partially shedding the gains from the two previous sessions, Canadian stocks edged lower on Tuesday, as a steep decline in the materials sector due to a tumble in gold prices weighed on the market. In addition, today's U.S. inflation data reinforced concerns of a rate hike by the U.S. Federal Reserve.
After opening much lower than yesterday's close, today the benchmark S&P/TSX Composite Index traded firmly negative throughout the session before settling at 36,170.45, down by 275.81 points (or 0.76%).
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