Canada’s main stock index ended lower to cap one of its best months in years and partially recover the steep declines of March.
The S&P/TSX composite index closed down 447.37 points or nearly three per cent at 14,780.74. The loss ended a four-day winning streak that feels like a bit of a pause after Wednesday’s gains, said Greg Taylor, chief investment officer of Purpose Investments. “Yesterday was really like a perfect storm of good news,” he said, pointing to positive sentiment about the economy reopening and a potential treatment for the novel coronavirus. “And I think today’s more just sober second thoughts, people are wondering if they got too euphoric yesterday.” In New York, the Dow Jones industrial average was down 288.14 points at