New York’s Dow Jones Industrial Average fell 507 points or 2.1 per cent Monday, and the TSX was at a two-year low as investors found more than enough reason to continue selling. The dogged downturn seems easily justified by the US-China clash, unrest in Europe and the prospect of an unplanned Brexit. A common concern Monday was that the U.S. Federal Reserve’s will be too bullish with interest rates. It all seems to be feeding into the nearly three-month shellacking taken by stocks worldwide. The Dow was down 507 points Monday and the TSX composite off 232.
