India, Oct. 30 -- Canadian stocks are down sharply on Friday amid renewed fears about inflation and interest rates following oil prices climbing higher amid supply concerns after a tanker attack in the Strait of Hormuz.
Tech stocks are seeing a sell-off amid uncertainty about returns on rising cost of AI-related investments, contributing significantly to market's sharp drop.
Materials stocks are weighed down by weak precious metals prices. Shares from financials, healthcare and industrials sectors are also reeling under sustained selling pressure.
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