WatchTSX plunges more than 200 points with energy stocks leading the decline

WatchTSX plunges more than 200 points with energy stocks leading the decline

TORONTO — The Toronto stock market closed sharply lower, with energy stocks leading the decline as the price of oil slipped lower.The S&P/TSX composite index was down 213.83 points to 14,743.33, with nearly all sectors lower. That brought its losses since Thursday to well over 400 points.The loonie rose 0.27 of a U.S. cent to 80.66 cents.In New York, markets were also down, but the declines were less dramatic.The Dow Jones industrial average gave back 82.91 points to 17,766.55, while the Nasdaq plunged 46.83 points to 5,021.63 and the S&P 500 lost 13.55 points to 2,079.28.On the commodity markets, the July crude contract was down 99 cents at US$58.14 a barrel while August gold rose $5.50 to US$1,173.60 an ounce.

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