Stock markets sharply lower
Posted Nov 9, 2011 09:48:55 AM.
This article is more than 5 years old.
TORONTO – North American markets continued a steep drop today after Italy’s borrowing costs soared and political chaos in Greece.
The T-S-X closed down 332 points and the Dow was off by 389.
Italy’s costs are a sign that Europe’s debt crisis has spilled into the third-largest economy in the euro bloc.
The dollar was also sharply lower — closing down 1.31 cents u-s to 97.88.
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