Oct
03

Canada Stocks Fall Second Day as Lenders, Gold Producers Drop

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  • Aritzia surges as much as 19 percent in Toronto trading debut
  • Financials retreat as European banks brace for job cuts

Canadian stocks slipped for a second day as financial-services shares retreated after the group capped the best quarterly performance since 2013, while Aritzia Inc. surged in its trading debut.

The S&P/TSX Composite Index fell 0.3 percent to 14,689.04 at 4 p.m. in Toronto, in the first day of trading in the fourth quarter. The index rose 4.7 percent for the three months since the end of June on Friday for a third quarterly gain, its longest streak in two years. The S&P/TSX is up 13 percent this year, making it the the second-best performing developed market equity index in the world behind New Zealand…

Canada Stocks Fall Second Day as Lenders, Gold Producers Drop

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