CANADA STOCKS-TSX in broad retreat as resource shares weigh

Tue May 26, 2015 4:16pm EDT
 
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TORONTO May 26 (Reuters) - Canada's main stock index dropped sharply on Tuesday as gold miners, banks and energy companies led a broad selloff that had some investors cheering a possible readjustment of valuations as U.S. interest rates were seen coming closer to a rise.

The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 136.59 points, or 0.90 percent, at 15,050.81. Of the 10 main index sectors, only info tech gained. (Reporting by Alastair Sharp; Editing by Peter Galloway)