PDA

View Full Version : Toronto stocks plunge 600 points


RobertB
January 21st, 2008, 07:45 PM
Toronto stocks plunge 600 points
Mon Jan 21, 2008 5:43pm EST

By Leah Schnur

TORONTO (Reuters) - The Toronto Stock Exchange's main index plunged more than 600 points on Monday, its biggest drop since October 2000, as fears of a U.S. recession dragged the index to its lowest close in more than a year.

The S&P/TSX composite index .GSPTSE closed down 604.99 points, or 4.75 percent, at 12,132.13 with all of its 10 sectors in negative territory. It was the biggest one-day net drop since October 25, 2000, when it closed down 840.26 points.

http://www.reuters.com/article/hotStocksNews/idUSN2139957620080121

jds6958
January 22nd, 2008, 09:06 AM
Canada just dropped rates .25 as a response...