Saturday, August 4, 2007

Markets Keep Falling

TSX Drops 248 Points On Credit Fears
North American markets surrendered to another down week as investors capped trading on fears that disappointing U.S. employment numbers and worries over the credit market could signal a downtrend in the economy.Toronto's S&P/TSX composite index ended yesterday down 248.38 points to 13,565.24 ahead of Monday's civic holiday in most of Canada.

Dow Jones Drops 284 Points
NEW YORK (Reuters) - Stocks ended sharply lower on Friday, with the Nasdaq and the Standard & Poor's 500 index having their worst one-day percentage drops since the February 27 sell-off, on mounting worries about mortgage losses.

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