TSX makes modest recovery bid amongst panicky virus fear

Canada’s largest stock index flirted with correction territory after plunging for a sixth-straight day Friday. Fear of the coronavirus and what it might do to business drove the worst panic seen since the global financial crisis of 2008. The S&P/TSX composite index was down as much as 821 points and closed down 454.39 points at 16,263.05. In New York, the Dow Jones industrial average was down 357.28 points at 25,409.36. The S&P 500 index was down 24.55 points at 2,954.21, while the Nasdaq composite was up 0.89 of a point at 8,567.37.