CANADA STOCKS-TSX dives on Argentine default, Valeant outlook

Thu Jul 31, 2014 4:16pm EDT
 
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TORONTO, July 31 (Reuters) - Canada's main stock index
tumbled on Thursday after a default by Argentina stoked worries
about other emerging-market economies, while shares of Valeant
Pharmaceuticals International dropped sharply after the
drugmaker cut its outlook.
    The Toronto Stock Exchange's S&P/TSX composite index
 unofficially closed down 194.08 points, 1.25 percent,
at 15,330.74. Nine of the 10 main sectors on the index were in
the red.

 (Reporting by John Tilak; Editing by Peter Galloway)