CANADA STOCKS-TSX slumps to nearly 5-month low on U.S. political worries
(Adds portfolio manager quotes and details on bond yields and updates prices)
* TSX closes down 269.65 points, or 1.73 percent, at 15,273.68
* Index close is lowest in nearly five months
* Largest drop for the index since September
* All of the TSX's 10 main groups fall
By Fergal Smith
TORONTO, May 17 (Reuters) - Canada's main stock index slumped on Wednesday to its lowest close in nearly five months as global markets worried that U.S. President Donald Trump's pro-business economic agenda could be slowed by political scandals.
The pullback in global markets came as reports of a memo by former FBI chief James Comey suggested that Trump tried to interfere with a federal investigation.
"If we continue to have more material political controversies, it can dovetail into consumer and business confidence," said Patrick Blais, senior portfolio manager at Manulife Asset Management. Continued...