Canada's benchmark stock index fell on Friday to its lowest closing level in two months and bank stocks slid after the failure of a high profile U.S. lender in the technology sector spooked investors.
ended down 311.8 points, or 1.55%, at 19,774.92, its lowest closing level since Jan. 5.
Wall Street indexes also fell as California banking regulators said they closed SVB Financial Group"It is unclear whether SVB is a self-contained issue or the tip of the iceberg in a larger crisis for the financial sector, said Brandon Michael, senior investment analyst at ABC Funds.Latest Updates
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
TSX falls to 2-month low on interest rate worriesCanada's benchmark stock index fell on Thursday to its lowest closing level in nearly two months, tracking declines on Wall Street as investors grew nervous ahead of the release of U.S. and Canadian employment reports on Friday.
Les mer »
TSX set for worst week in five months as rate hike worries mountCanada's benchmark stock index extended losses on Friday, dragged down by banks, after data reflecting a resilient labor market refueled investor concerns on whether the Bank of Canada (BoC) would keep its monetary tightening campaign suspended.
Les mer »
U.S. stock futures dip as attention turns to Friday's jobs reportWall St. to open in the red as concerns that higher interest rates to combat inflation will cause an economic contraction continued to damp risk appetite.
Les mer »
Canadian Jobs Preview: Forecasts from four major banks, a trend reversal would not be surprisingCanada’s employment data for February will be reported by Statistics Canada on Friday, March 10 at 13:30 GMT and as we get closer to the release time,
Les mer »
5 things to know before the stock market opens FridayHere are the most important news items that investors need to start their trading day.
Les mer »
Pro Picks: Watch all of Friday's big stock calls on CNBCA recap of Friday's best stock picks on CNBC.
Les mer »