Posted AT 7:29 PM EST on 19/03/08
Resource swoon hammers dollar
OTTAWA — Wall Street's anxiety poured into global commodity markets yesterday, rattling oil, gold and the Canadian dollar, which took its biggest plunge since John Diefenbaker was prime minister.
As the long-running commodity rally turned south yesterday, oil and gold prices fell 5 per cent and 6 per cent respectively, sparking a major Canadian selloff that sent the Toronto stock market and the loonie into sharp retreat.
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| Market | Change | Value |
|---|---|---|
| Data delayed 15 minutes | ||
| S&P/TSX | -3.42 | 7,721.34 |
| DJIA | +21.18 | 7,573.47 |
| S&P 500 | +.66 | 753.10 |
| Nasdaq | -8.02 | 1,308.10 |
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