CANADA STOCKS-TSX has biggest one-day drop in a month

Wed Nov 9, 2011 4:07pm EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

 TORONTO, Nov 9 (Reuters) - Toronto's main stock index had
its biggest one-day drop in a month on Wednesday, dropping more
than 2.5 percent as a spike in Italian bond yields sparked
fears that Europe's debt crisis has entered a dangerous new
phase that will threaten the global economy.
 The Toronto Stock Exchange's S&P/TSX composite index
.GSPTSE unofficially closed down 332.63 points, or 2.7
percent, at 12,156.22. It was the index's biggest single-day
decline since Oct. 3.
 (Reporting by Jon Cook; Editing by Peter Galloway)