TSX posts biggest decline in two months as commodity prices fall, inflation rises

TSX falls the most in two months on lower oil and higher inflation

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While a rebound in technology shares has helped underpin the S&P 500 this year, the resource and financial shares that dominate the Toronto market have been buffeted by a pullback in oil prices and stress in the U.S. regional banking sector.Article content The energy sector lost 2.2 per cent on May 16 as oil settled 0.4 per cent lower at US$70.86 a barrel.

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