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Editor-in-Chief: DAVID TOPPING

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Entries from Torontoist tagged with 'stockexchange'

October 19, 2007

Today marks the twentieth anniversary of Black Monday, the biggest one-day stock market plunge in history. On October 19, 1987, Bay Street was shocked to see all the key market indices plummet. The TSE 300 lost over 400 points as, in a frenzy of panicked selling, a record 77 million shares were desperately traded on the floor of the Toronto Stock Exchange. By day's end, hundreds of millions of dollars evaporated from share values, including......

Continue Reading "Happy Birthday, Black Monday!"

February 28, 2007

Following a major sell-off in the Shanghai stock market yesterday, other markets around the world fell dramatically, including the Toronto Stock Exchange. It looks like today is more of the same, as the index is already down 61.85 points, or 0.49%. However, given today's partial recovery of the Dow after its 400+ point fall yesterday, it is possible the S&P/TSX could bounce back by closing time. Yesterday the TSX fell 370 points, or 2.72%,......

Continue Reading "TSX Continues to Tumble"

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