July 5, 2019 / 1:41 PM / 12 days ago

CANADA STOCKS-TSX opens lower on falling gold price

July 5 (Reuters) - Canada’s main stock index opened lower on Friday, as falling gold price dragged down materials stocks and a strong rebound in U.S. job growth in June drove investors to pare bets of an aggressive interest rate cut by the Federal Reserve.

At 9:35 a.m. ET (13:35 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 83.23 points, or 0.5%, at 16,505.62. (Reporting by Sruthi Shankar in Bengaluru)

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