Canada’s main stock index was down more than 200 points in late-morning trading in a broad-based decline, while U.S. stock markets also tumbled lower.
The S&P/TSX composite index was down 226.23 points at 20,858.86.
In New York, the Dow Jones industrial average was down 394.06 points at 38,260.36. The S&P 500 index was down 29.61 points at 4,929.00, while the Nasdaq composite was down 103.37 points at 15,525.58.
Get breaking National news
The Canadian dollar traded for 73.86 cents US compared with 74.33 cents US on Friday.
- General Motors says renewal of CUSMA ‘very important’ for auto industry
- Federal government invests $9 million into southern Alberta projects
- Alberta proposes new pipeline, but hurdles to construction, profitability remain
- Environmental groups wanted to see clear decarbonization commitment in pipeline plan
The March crude contract was down 39 cents at US$71.89 per barrel and the March natural gas contract was down two cents at US$2.06 per mmBTU.
The April gold contract was down US$18.00 at US$2,035.70 an ounce and the March copper contract was down five cents at US$3.77 a pound.
Comments
Want to discuss? Please read our Commenting Policy first.