Thu, 20 Jun 2013 09:52:13 GMT
Canadian shares drop after Fed says it could reduce stimulus tempo
Canada's shares declined, after climbing for two days in a row, as the Federal Reserve announced that it could slow the pace of asset purchases in this year as U.S. economy shows more signs of growth. The S&P/TSX retreated 0.8% to 12,268.29, adding to signs the index has jumped 1.5% in the last two trading sessions.