India, Sept. 24 -- Canadian stocks are down firmly in negative territory Thursday afternoon, weighed down by elevated oil prices and higher bond yields.
With U.S.-Iran talks not making any meaningful progress, and another interest rate hike from the Federal Reserve looking imminent, the mood in the market is quite cautious. Investors are also digesting the nation's retails data.
Healthcare, materials and consumer discretionary stocks are sharply lower. Energy and technology stocks are finding support.
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