Bank writedowns, dismal U.S. retail sales, falling oil send stocks tumbling (MSN Money Canada)
Story date: 2008-01-15 08:41:43
Added on: 2008-01-15 09:59:23
TORONTO - Falling financials helped push stock markets down sharply Tuesday morning amid more writedowns related to the U.S. housing sector, a multibillion-share sale by CIBC (TSX:CM) and a glum U.S. retail sales report.
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