CANADA STOCKS-TSX slips as uncertainty looms over impending US tariffs

By Sanchayaita Roy

March 26 (Reuters) - Canada's main stock index fell on Wednesday, dragged down by losses in the technology sector, while markets also grappled with uncertainty surrounding new U.S. tariffs set to take effect next week.

Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 0.2% at 25,294.11. The benchmark closed near its highest level in a month in the previous session.

Markets rallied for two straight days after U.S. President Donald Trump on Monday suggested that not all trade levies would be implemented on April 2 — with exemptions for some countries —though details were sparse.

"Headlines on what potentially may be announced on April 2 is what investors are going to be focused on the next couple of days," said Angelo Kourkafas, investment strategist at Edward Jones Investments.

"We are still looking at possibly more volatility and some uncertainty, but likely the peak uncertainty may be behind us if we get a little more clarity on April 2."

On TSX, information technology .SPTTTK was down 2.1%, the most among all sectors, mirroring declines in the tech-heavy Nasdaq amid choppy trading. Electronic manufacturing services provider Celestica CLS.TO was the biggest loser on TSX, down 7%.

Healthcare .GSPTTHC and material .GSPTTMT sectors fell 2.4% and 1.1%, respectively.

Keeping losses at check, energy .SPTTEN stocks were up 1.2%, as oil prices advanced on supply worries following the latest efforts by the Trump administration to curb Venezuelan exports, as well as a larger-than-expected drop in U.S. crude inventories.

Company-wise, First Quantum Minerals FM.TO dropped 5.5%, after Panama did not authorize visits to the miner's shuttered Cobre Panama mine.