Canadian and U.S. stocks fell sharply at the opening of trading Monday as the bankruptcy filing by U.S. investment bank Lehman Brothers Holdings Inc. and cascading fears about the stability of other major financial institutions rattled global markets.
In Toronto, the S&P/TSX composite index was down 402.59 points to 12,366.99 within minutes of the beginning of the trading day.
On Wall Street, shares of financial services companies led the market's dive and stoked worries about the economy and the corporate profit outlook.
Full story
Are you making any financial changes because of today's news from the markets?
More...
In Toronto, the S&P/TSX composite index was down 402.59 points to 12,366.99 within minutes of the beginning of the trading day.
On Wall Street, shares of financial services companies led the market's dive and stoked worries about the economy and the corporate profit outlook.
Full story
Are you making any financial changes because of today's news from the markets?
More...