Posted AT 4:46 PM EST on 07/10/08
Stock market rout resumes
STEVE LADURANTAYE
Globe and Mail Update
Losses on North American stock markets accelerated at the end of trading Tuesday, as investors digested U.S. Federal Reserve Chairman Ben Bernanke's comments warning that the “outlook for economic growth has worsened.”
The Dow Jones industrial average closed 5.11 per cent lower, or 508.39 points, to 9,447.11 after losing 3.6 per cent Monday. The broader S&P 500 hit a five-year low of 996.26, down 5.74 per cent or 60.62 points.
The S&P/TSX lost 3.
The full text of this article has 465 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Technology
- Finding the perfect gadget
- Need a present for mom, dad, son, daughter, friend, colleague?
Today's Markets
| Market | Change | Value |
|---|---|---|
| Data delayed 20 minutes | ||
| S&P/TSX | +430.63 | 8,155.39 |
| DJIA | +494.13 | 8,046.42 |
| S&P 500 | +47.59 | 800.03 |
| Nasdaq | +68.23 | 1,384.35 |
Market Update
- The close: Late flurry is on the up side
- Geithner report provides spark
poll
Globe Poll 
Interactive Puzzles 
Challenge yourself with today's puzzles
Crossword Puzzles
Sudoku Puzzles
Most Popular
| Rank | Headline |
|---|---|
| 1. | Pirate humour rules Wall Street 21/11/08 11:20 AM
|
| 2. | The Detroit Three ... Two? One? 21/11/08 12:00 AM
|
| 3. | APEC leaders vow to push free trade 22/11/08 10:14 PM
|
| 4. | Maritimes get blast of winter 22/11/08 5:53 PM
|
| 5. | Dion has better numbers than Iggy, Bob and Dom 22/11/08 3:06 PM
|
| 6. | No. 33 joins the greats 22/11/08 10:21 PM
|
| 7. | Online messages detail plot to kill girl's family 22/11/08 8:30 AM
|
| 8. | Is Japan's 'lost decade' a window to the future? 21/11/08 12:00 AM
|
| 9. | Town that wealth built starts to feel the pain 22/11/08 1:00 PM
|
| 10. | Obama pledges economic plan for 2.5 million ‘more jobs' 22/11/08 9:00 PM
|
| Rank | Headline |
|---|---|
| 1. | No. 33 joins the greats 22/11/08 10:21 PM
|
| 2. | Red Back Mining raises issue to $60-million 21/11/08 1:35 PM
|
| 3. | Town that wealth built starts to feel the pain 22/11/08 1:00 PM
|
| 4. | Second-hand furnishings that give a first-rate look 21/11/08 12:00 AM
|
| 5. | Raising a child with a mental illness 22/11/08 12:17 AM
|
| 6. | Pirate humour rules Wall Street 21/11/08 11:20 AM
|
| 7. | Who is your nation builder? 22/11/08 12:00 AM
|
| 8. | For Campbell, normal no longer exists 21/11/08 6:26 PM
|
Society

- Teddy bear drive
- Images from around the party circuit
-
In Pictures:
AGO artist's party
-
In Pictures:
Giller award glitz
Collected Wisdom

- The yawning gap
- Why babies and infants don't 'catch' our yawns
5
50 Greatest Books

- The Decameron
- If Dante's Commedia is divine, Boccaccio's Decameron is definitely human.
2
-
Submit your thoughts:
Which would you pick?
Style

- Virtuous luxe
- As conspicuous becomes code for insensitive, shoppers are seeking more meaningful experiences
-
In Pictures:
Conscientious consumption
Travel

- What outback?
- When Baz Luhrmann's epic hits screens next week, it's sure to pique travellers' interest in Western Australia. But there's a whole lot more to Oz than the bush
Dear Sweetheart

- Letters from a soldier
- 'You do remember one thing always, I hope. And that is that I love you a great deal'
Adrienne Clarkson

- The Aga Khan: faith and action
- On the occasion of his Golden Jubilee and his visit to Canada, Adrienne Clarkson reflects on the spiritual and ethical leader
35
Insights
Latest Blog Posts
Most Popular
| Rank | Headline |
|---|---|
| 1. | Pirate humour rules Wall Street 21/11/08 11:20 AM
|
| 2. | The Detroit Three ... Two? One? 21/11/08 12:00 AM
|
| 3. | APEC leaders vow to push free trade 22/11/08 10:14 PM
|
| 4. | Maritimes get blast of winter 22/11/08 5:53 PM
|
| 5. | Dion has better numbers than Iggy, Bob and Dom 22/11/08 3:06 PM
|
| 6. | No. 33 joins the greats 22/11/08 10:21 PM
|
| 7. | Online messages detail plot to kill girl's family 22/11/08 8:30 AM
|
| 8. | Is Japan's 'lost decade' a window to the future? 21/11/08 12:00 AM
|
| 9. | Town that wealth built starts to feel the pain 22/11/08 1:00 PM
|
| 10. | Obama pledges economic plan for 2.5 million ‘more jobs' 22/11/08 9:00 PM
|
| Rank | Headline |
|---|---|
| 1. | No. 33 joins the greats 22/11/08 10:21 PM
|
| 2. | Red Back Mining raises issue to $60-million 21/11/08 1:35 PM
|
| 3. | Town that wealth built starts to feel the pain 22/11/08 1:00 PM
|
| 4. | Second-hand furnishings that give a first-rate look 21/11/08 12:00 AM
|
| 5. | Raising a child with a mental illness 22/11/08 12:17 AM
|
| 6. | Pirate humour rules Wall Street 21/11/08 11:20 AM
|
| 7. | Who is your nation builder? 22/11/08 12:00 AM
|
| 8. | For Campbell, normal no longer exists 21/11/08 6:26 PM
|




REX MURPHYA mop, a bucket and civility
JEFFREY SIMPSONWhat America's clean-air booster means for Canada
ERIN ANDERSSEN AND ANDRE PICARDRaising a child with a mental illness
MARGARET WENTEA black swan comes home to roost
Konrad YakabuskiQuebec's false turn and its next realignment