OSFI chief Peter Routledge says he's confident Canada's financial system can weather a recession if one hitsNEW YORK — Wall Street’s ugly September got even worse Tuesday, as a sharp drop for stocks brought them back to where they were in June. The S&P 500 tumbled 1.
5% for its fifth loss in the last six days. The Dow Jones Industrial Average dropped 388 points, or 1.1%, and the Nasdaq composite lost 1.6%. September has brought a loss of 5.2% so far for the S&P 500, putting it on track to be the worst month of the year by far, as the realization sets in that the Federal Reserve will indeed keep in
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