July 7 (Reuters) – Canada’s main stock index retreated on Tuesday, with energy shares leading declines, on worries about the slower pace of an economic rebound after U.S. cases of COVID-19 surged.
* Florida’s greater Miami area became the latest U.S. coronavirus hot spot to roll back its reopening, and, for an eighth straight day, Texas registered an all-time high in the number of people hospitalized at any one moment.
* Oil prices fell amid concerns of lower demand due to surging infections, pushing the energy sector 1.5% lower.
* At 9:45 a.m. ET (1345 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 61.35 points, or 0.39%, at 15,608.32.
* The Canadian dollar weakened against its U.S. counterpart, with the loonie pulling back