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Stockhouse @ the Bell: North American stock markets pile up losses not seen since Brexit

Canadian Press, The Canadian Press
0 Comments| September 9, 2016


TORONTO - North American stock markets plummeted today, recording losses not seen since the United Kingdom's vote to leave the European Union.
 
The S&P/TSX composite index closed down 263.38 points at 14,539.88.
 
The last time the market saw a loss of that magnitude was on June 24, the day after the so-called Brexit vote.
 
At that time, the index dropped 239.50 points, closing at 13,891.88.
 
In New York, the Dow Jones industrial average fell 394.46 points to 18,085.45, the Nasdaq composite lost 133.57 points to 5,125.91 and the S&P 500 shed 53.49 points at 2,127.81.
 
The Canadian dollar dropped 0.65 of a cent to 76.70 cents US.
 
The October crude contract was down $1.74 at US$45.88 per barrel and October natural gas was down nearly a cent at US$2.80 per mmBTU.
 
The December gold contract fell $7.10 to US$1,334.50 an ounce and December copper contracts were down three quarters of a cent at US$2.09 a pound.


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