U.S. stock markets suffered their worst day in more than two years with the Dow Jones industrial average closing down 3.6%, while Canada’s main stock index posted a triple-digit decline amid concerns stemming from an increase in new cases of the novel coronavirus outside of China.<\/p>\n
The S&P\/TSX composite index closed down 280.79 points or 1.6% at 17,562.74, the biggest drop since August.<\/p>\n
In New York, the Dow Jones industrial average was down 3.6% by losing 1,031.61 points at 27,960.80. The S&P 500 index was down 3.4% or 111.86 points at 3,225.89, while the Nasdaq composite was down 3.7% or 355.31 points at 9,221.28.<\/p>\n
The Canadian dollar traded for US75.31\u00a2 compared with an average of US75.62\u00a2 on Friday.<\/p>\n
The April crude contract was down US$1.95 or 3.65% at US$51.43 per barrel and the April natural gas contract was down 7.4 cents at US$1.84 per mmBTU.<\/p>\n
The April gold contract was up US$27.80 at US$1,676.60 an ounce and the March copper contract was down 3.1 cents at US$2.58 a pound.<\/p>\n","protected":false},"excerpt":{"rendered":"
The S&P\/TSX composite index closed down 280.79 points on Monday<\/p>\n","protected":false},"author":148356,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2313,2312],"tags":[2314],"yst_prominent_words":[14467,57071,27245,18135,18134,18133,18084,17668,14814,2172,10180,2178,2176,2174],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/395817"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/148356"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=395817"}],"version-history":[{"count":2,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/395817\/revisions"}],"predecessor-version":[{"id":395819,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/395817\/revisions\/395819"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=395817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=395817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=395817"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=395817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}