Toronto stocks drop 7 percent as U.S. rejects bailout (Reuters)

Posted by admin on September 30, 2008 under News | Be the First to Comment

Toronto stocks drop 7 percent as U.S. rejects bailout (Reuters)
Reuters – The Toronto Stock Exchange’s main index tumbled nearly 7 percent on Monday, the biggest drop in eight years, as U.S. lawmakers rejected a proposed $700 billion bailout of the financial services sector, sending investors fleeing for the exits.

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