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