Bay Street declines
Canadian stocks had their largest one-day fall in three months, as lower oil prices pressured the energy sector, while mining stocks also pulled the index further from the all-time high it hit earlier this month. Cenovus Energy, which said on Monday it had reached a deal to sell its Weyburn oil facility, fell 4.9 per cent.
Wall Street falls
U.S. stocks fell as General Electric plunged for a second day and a drop in oil prices hit energy stocks. GE fell 5.9 per cent in the largest daily volume in two years as investors wondered if a massive overhaul of the company by new chief executive John Flannery will be enough to revive the industrial conglomerate.