Toronto shares tumble as preferred U.S. jobs knowledge raises recession fears

The brand of the Toronto Inventory Trade is adorned at the entrance of the Exchange building in Toronto, Ontario, Canada, on January 23, 2019.REUTERS/Chris Helgren

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Aug 5 (Reuters) – Canada’s most important inventory index fell on Friday, led by commodities and technological know-how stocks, just after a strong U.S. careers report supported the Federal Reserve’s continued tightening amid soaring inflation.

At 9:30 a.m. ET (13:30 GMT), the Toronto Inventory Exchange’s S&P/TSX Composite (.GSPTSE) was down 84.81 points, or .43%, to 19,492.23.

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Reporting by Bansari Mayur Kamdar in Bengaluru Editing by Shailesh Kuber

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