MGM101H5 Study Guide - Midterm Guide: International Labour Organization, S&P 500 Index, Primark
25
MGM101H5 Full Course Notes
Verified Note
25 documents
Document Summary
The toronto stock market closed lower tuesday as economic worries associated with the u. s. budget crisis sent most sectors down. The s&p/tsx composite index dropped 95. 84 points to 12,692. 41, led by sliding mining stocks. The canadian dollar fell 0. 51 of a cent to 96. 45 cents (u. s. ) after data showed that housing starts came in at 193,637 units in september, up from 183,964 in august. Meanwhile, statistics canada said the trade deficit expanded to . 3 billion in august from . 2 billion in july. The increase came as imports grew 2. 1 per cent and exports rose 1. 8 per cent in august. New york markets added to sharp declines chalked up monday, with the dow jones industrials racking up a second, straight triple-digit decline, down 159. 71 points to 14,776. 53. The nasdaq was off 75. 54 points at 3,694. 83 and the s&p. 500 index gave back 20. 67 points to 1,655. 45.
