Global Markets Tumble

Canada’s main stock index posted a triple-digit decline in late-morning trading, continuing its fall after dropping more than 300 points on Wednesday.

The S&P/TSX composite index was down 117.86 points at 15,399.54.

In New York, the Dow Jones industrial average was down 146.35 points at 25,452.39 after dropping more than 800 points a day ago.

The S&P 500 index was down 16.59 points at 2,769.09, while the Nasdaq composite was down 15.44 points at 7,406.61.

The Canadian dollar traded lower at 76.54 cents U-S compared with an average of 76.97 cents on Wednesday.

The November crude contract was down US$1.49 at US$71.68 per barrel and the November natural gas contract was down 7.5 cents at US$3.21 per mmBTU.

The December gold contract was up US$26.30 at US$1,219.70 an ounce and the December copper contract was up 2.10 cents at US$2.80 a pound

Gas prices as of 4:15 a.m.-

Brantford: $1.14-$1.29

Hamilton: $1.16-$1.32

Burlington: $1.18-$1.29

Milton: $1.15-$1.30

Oakville-Mississauga: $1.20-$1.29

Kitchener-Waterloo:  $1.20-$1.29

Cambridge: $1.13$1.32

Welland-Niagara Falls-Thorold-St. Catharines-Grimsby: $1.22-$1.30

Simcoe, Delhi, Caledonia: $1.20

Woodstock: $1.17

Tillsonburg, Ingersoll: $1.19

Dorchester: $1.28

 

(@WSJ)

Posted in News & Sports

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