Stocks Continue Lower Midday Equities in Canada’s largest centre added to last weeks losses, echoing weak sentiment on Wall Street, after Federal Reserve Chair Jerome Powell said U.S. monetary policy will need to be tight "for some time" before inflation is under control. The TSX was off 67.01 points, or 0.337% at 19,806.28. In corporate news, Constellation Software Inc. has signed a deal to buy NexJ Systems Inc., a customer management software company for the financial services industry, for about $12 million. Under the deal, Constellation subsidiary N. Harris Computer Corp. will pay 55 cents per share for the company. The Canadian dollar edged up 0.032 cents to 76.88 cents U.S. ON BAYSTREET The TSX Venture Exchange handed back 5.26 points, or 0.814%, to 640.66. All but two of the 12 TSX subgroups were lower, with Energy issue up 1.88% and health-care ahead 0.61%. On the downside, Gold stocks shed 0.97%, Material issues dipped 0.91% and Financials were off by 0.75%. ON WALLSTREET Stocks in the U.S were lower Monday as concerns over rising rates and tighter monetary policy added selling pressure that began last week.