Canadian stocks stumbled on
Monday as investor fears about a slowing global economic outlook
weighed on financial and energy issues, pushing the benchmark
index to its lowest intraday level in nearly eight months.
Extending June's weak start, the Toronto main stock index
touched 11,209.55, its weakest level since Oct. 5, on broader
worries about the financial stability of the euro zone, as well
as economic weakness in United States and China.
The latest North American data to fan fears about slowing
global growth was a government report on orders for U.S. factory
goods, which fell in April for the third time in four.
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