North American stock markets plunge in early trading, loonie sinks

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Canada's main stock index plunged more than 300 points in early trading, while U.S. stock markets also sank.

In New York, the Dow Jones industrial average was down 594.43 points at 27,062.99. The S&P 500 index was down 63.95 points at 3,255.52, while the Nasdaq composite was down 190.37 points at 10,602.91.The November crude contract was down 95 cents at US$40.37 per barrel and the October natural gas contract was down nearly 13 cents at US$1.92 per mmBTU.

The December gold contract was down US$39.40 at US$1,922.70 an ounce and the December copper contract was down a little more than two cents at US$3.09 a pound.

 

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Getting closer to the witching month!

The budget will balance itself, remember. Lol

They named our money correctly apparently Canada sucks the big one!

In the fall of every year the markets go down.

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