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S&P/TSX composite down more than 200 points, U.S. stock markets also trade lower
Technology, telecommunications and industrial shares weighed on the decline as the Dow, S&P 500 and Nasdaq also finished lower.
- On Sept 8, the GSPTSE, Canada's main stock index, fell 390.75 points to 36,123.05, reflecting broad negative momentum in the markets as investors reacted to current conditions.
- In New York, the Dow Jones industrial average dropped 628.18 points to 52,786.07, while the Nasdaq composite fell 85.58 points to 26,421.41.
- The October crude oil contract rose US$1.55 to US$93.03 per barrel, while The December gold contract fell US$37.60 to US$4,439.00 per ounce.
- Regarding exchange rates, The Canadian traded for 72.55 cents US, showing a slight increase from 72.25 cents US reported on Friday.
- Weakness in the technology, telecommunications, and industrial sectors weighed heavily on market performance, serving as a primary driver for the day's losses.
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11 Articles
11 Articles
The Toronto Star+9 Reposted by 9 other sources
S&P/TSX composite down more than 200 points, U.S. stock markets also trade lower
TORONTO - Canada's main stock index was down more than 200 points weighed down by weakness in the technology, telecommunications and industrial sectors, while U.S. stock markets also fell.
·Toronto, Canada
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The Toronto Stock Exchange fell by more than 200 points on Tuesday late in the morning, with losses in the technology, telecommunications and industry sectors, while the major U.S. indices also plunged.
·Montreal, Canada
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Total News Sources11
Leaning Left5Leaning Right0Center4Last UpdatedBias Distribution56% Left
Bias Distribution
- 56% of the sources lean Left
56% Left
L 56%
C 44%
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