TSX, Dow moving lower after opening bell
Posted Aug 5, 2011 10:09:32 AM.
This article is more than 5 years old.
TORONTO, Ont. – After a higher open, Bay and Wall streets are moving lower, extending yesterday’s big drop.
The S&P/TSX composite is down 203 points at 12,185, while the Dow is lower by 45 points at 13,384.
Earlier, the TSX was having a data feed problem, but it has since been resolved.
In Europe, major markets fell, adding to losses Thursday. London’s FTSE 100 declined 3.5 per cent to 5,393.14 and Germany’s DAX shed 3.8 per cent to 6,172.00. France’s CAC-40 lost 2.5 per cent to 3,238.80.
In Japan, the Nikkei 225 stock average slid 3.7 per cent to 9,299.88 and Hong Kong’s Hang Seng dived 4.3 per cent to 20,946.14. China’s Shanghai Composite Index lost 2.2 per cent to 2,626.42.
Elsewhere in Asia, South Korea’s Kospi sank 3.7 per cent to 1,943.75 and Taiwan’s benchmark skidded 5.6 per cent to 7,853.13. Australia’s benchmark dropped 4 per cent to 4,105.40 and India’s Sensex was down 2.8 per cent to 17,196.06.
In currency markets, the dollar edged down to 78.48 yen from late Thursday’s 79.02 and the euro gained to $1.4153 from $1.4130.
