"North American markets plunged at the start of trading this morning, with the Dow losing 1,000 points and the TSX more than 600 points."

"Earlier, U.S. index futures had signalled losses will cascade in the world’s biggest stock market as contracts on the major equity indexes hit their daily loss limits of 5 per cent."

"In a broad selloff spanning all industries, stocks including Apple Inc. and Netflix Inc. slid at least 6 per cent, while slumps in Gilead Sciences Inc. and Biogen Inc. indicated a selloff in biotechnology shares won’t abate. ConocoPhillips and Chevron Corp. lost more than 8.4 per cent as crude fell further."

From +The Globe and Mailhttp://ow.ly/RhTGB

At the open: TSX, Dow bloodied as global selloff intensifies
Dow plunges as much as 1,000 points, TSX more than 600


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