North American stock markets plunge as oil tanks, loonie nose dives

Article Link: https://torontosun.com/business/money-news/north-american-stock-plunge-forces-pause-in-trading-loonie-nose-dives/wcm/b947130a-24f6-4bb2-9f42-265c0471a948

Discussion posted by: IRWeasel

TORONTO — North American stock indexes plunged, crude oil prices tanked and the loonie fell to a five-year low as COVID-19 fears continued to rattle markets. Equity, bond and currency markets collapsed from the start of trading after a European Central Bank governor suggested central banks were nearing the end of their support, said Erik Bregar, head of FX strategy at The Exchange Bank of Canada.