Canada Stocks Tumble

Europe markets end mixed; Asia markets finish lower

Canada's benchmark TSE 300 ended the day down 42 points to 7697.7. This morning's quick bearish reversal was another demonstration of the strong downtrend. The 100-point drop in the Dow Jones Industrial Average was a weight. Of the 14 subindices, 13 closed in negative territory, an ugly statistic. The Oil & Gas sector was the biggest loser. The Gold sector also was down despite the US$1.40 bounce in gold.

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