India, June 5 -- Canadian stocks tumbled on Friday as stronger-than-expected Canadian and U.S. jobs data raised concerns the Bank of Canada and the Federal Reserve will hold interest rates at elevated levels for a longer duration.
Concerns about tensions in the Middle East and reports that Hezbollah has rejected a new ceasefire agreement with Israel weighed as well on sentiment.
The benchmark S&P/TSX Composite Index, which fell to 34,687.47, was down 464.61 points or 1.32% at 34,752.45 a little while ago.
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