On Wednesday, October 10, the Toronto Stock Exchange (TSX) experienced its biggest drop in eight months. The composite index closed 2.15 percent lower at 15,517.40, representing a decline of 336.65. As the date of legalization of cannabis approaches, the stock markets this week felt an increase in investments in this product. particular. On October 17, the drug will be legalized across Canada. That may explain why shares of Aurora Cannabis Inc. rose 8.6 percent, while cannabis producer Canopy Growth Corp. rose 8.6 percent. gained 3.6 percent on October 12. As the day approached on Wednesday, October 10, markets generally ended lower. period.Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay Financial experts have pointed to rising loan costs and bond yields. Growing tensions between the United States and China can be explained in part by the IMF's decline in the development of exchange rate conditions between the two countries in 2019. Reports that interest levels were increasing worried many financial analysts . “Interest rates are much higher than they were a year ago, and people need to be careful about what they invest,” said Martin Manseau, an investment advisor at BMO. “Investing in the stock market cannot be done randomly, with your eyes closed. " Indeed, stocks experienced their worst low in eight months on Wednesday, driven by a sharp decline in technology stocks, due to fears of a rapid rise in the latter's interest rates. Which made investors The most nervous, however, was not the increase in investment loans, but rather the threatening halt in the growth of the global economy. This is worrying because the United States and Mexico only signed on. weeks away from the agreement to replace NAFTA with Canada, and if Canada becomes the weakest link, this may become a problem for the partnership as the US dollar maintains its position on gains.Keep at l. 'mind: This is just a sample.Get a personalized article from our expert writers now.Get a custom essayOn the other hand, the agreement removes some of the uncertainty surrounding North American tariffs. The stock market has also been greatly affected by the economic conflict between the United States and China. The latter is based on the desire to move towards risk-free asset classes which would guarantee fixed income securities. On Friday, the Canadian dollar hit its lowest point in almost two weeks at 1.3077. The only upside from Friday's stock report was its gains in healthcare and cannabis, with gains of 4.2 and 12.2 (for the top two competing companies) percent, respectively. Some large players participating in the TSX contributed to Friday's composite index which was at 15,414.29. This indicates that the stock market is slowly recovering from the blow it received coming back from the long weekend..