TORONTO — Canada’s main stock index fell more than 200 points Monday in a broad-based decline, while U.S. stock markets also moved lower. Base metals, utilities and telecom stocks helped lead the TSX lower.
TORONTO — Canada’s main stock index fell more than 200 points Monday in a broad-based decline, while U.S. stock markets also moved lower.
Base metals, utilities and telecom stocks helped lead the TSX lower. The S&P/TSX composite index was down 213.20 points at 20,871.89.
In New York, the Dow Jones industrial average was down 274.30 points at 38,380.12. The S&P 500 index was down 15.80 points at 4,942.81,while the Nasdaq composite was down 31.28 points at 15,597.68.
Earnings continued to roll in south of the border, with McDonald’s disappointing on revenue while Estee Lauder exceeded market expectations.
Around half of companies on the S&P 500 have reported earnings so far, said Adelaide Chiu, portfolio manager,…
