TSX slides over 1 percent as financials lead retreat

TORONTO: Canada's main stock index fell on Wednesday, tracking global market concerns that U.S. President Donald Trump's pro-business economic agenda could be slowed by political scandals, with financial stocks leading declines.
The pullback in global markets came about a week after Trump fired then-FBI Director James Comey and disclosed sensitive national security information in a meeting with Russian officials.
The White House's problems worsened on Tuesday when media reported the Republican president had asked Comey in February to end a probe into his former national security adviser, a move that could be seen as obstruction of justice. The White House dismissed the reports as untrue.
The most influential movers on the Toronto Stock Exchange's S&P/TSX composite index were dominated by financial firms, which make up roughly a third of the index's weight. The group slid 1.4 percent.