TORONTO—Canada’s main stock index headed lower today as American stocks dropped sharply on news that U.S. President Donald Trump’s tax cut plans may be delayed. The S&P/TSX composite index was down 23.26 points to 16,082.09 in a broad-based decline that saw most major sectors finish in the red. South of the border, technology and industrial companies took a pounding on Wall Street after Republicans in Congress said they might delay their proposed corporate tax cut by one year. The Dow Jones industrial average was down 101.42 points to 23,461.94. The S&P 500 index was down 9.76 points to 2,584.62 and the Nasdaq composite index was down 39.07 points to 6,750.05.

Source: thestar November 09, 2017 16:52 UTC