1 Min Read
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)