TSX loses 215 points as commodities fall
A man watches the financial numbers at the TMX Group in Toronto's financial district, May 9, 2014. (Darren Calabrese/The Canadian Press)
The Canadian Press
Published Wednesday, November 11, 2015 11:06PM EST
Last Updated Thursday, November 12, 2015 4:30PM EST
TORONTO -- North American stock markets reeled as discussions of persistent low inflation from central banks in Europe and the United States sent commodity prices lower.
The Toronto stock market's seven-day slide continued with a triple-digit drop. The S&P/TSX composite index ended the day down 214.75 points at 13,127.18.
The Dow Jones industrials fell 254.15 points to 17,448.07, while the broader S&P 500 index dropped 29.03 points to 2,045.97. The Nasdaq declined 61.94 points to 5,005.08.
On the commodity markets, the December gold contract dropped $3.90 to US$1,081.00 an ounce, while the December crude oil contract fell $1.18 to US$41.75 a barrel. The December contract for natural gas lost 0.3 of a cent to US$2.26.
The loonie dropped 0.1 of a cent to close at 75.29 cents US.