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

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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.