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TSX extends monthly decline as investors eye more rate hikes

TSX ends down 0.9% at 19,572.24 Posts a decline of 5.2% in May Canada posts first-quarter growth of 3.1% Energy falls 2%; oil settles 2% lower . | May. 31

TSX extends monthly decline as investors eye more rate hikes

Canada's main stock index fell on Wednesday to its lowest closing level in two months, as oil prices weakened and investors fear that the Federal Reserve and Bank of Canada could raise interest rates further to tackle inflation.

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