Toronto stock index plunges
TORONTO — Canada’s largest stock index nose-dived Tuesday and U.S. stocks slumped as the price of oil saw its biggest singleday drop since October.
The S&P/TSX composite index was down 113.13 points to 15,913.13, with the energy sector leading the broad-based decline. The December crude contract fell US$1.06 to US$55.70 per barrel. In New York, the Dow Jones industrial average was down 30.23 points to 23,409.47. The S&P 500 index edged back 5.97 points to 2,578.87 and the Nasdaq composite index lost 19.73 points to 6,737.87.
The Canadian Press