TSX extends fall on oil, TD Bank warning

Thu Nov 20, 3:15 PM
TORONTO (Reuters) - Toronto Stock Exchange's main index sank to its lowest level in nearly five years on Thursday afternoon as an earning warning from Toronto-Dominion Bank pressured the financials group and the price of crude slid below $50 a barrel.
Enlarge Photo
(Reuters)

TORONTO (Reuters) - Toronto Stock Exchange's main index sank to its lowest level in nearly five years on Thursday afternoon as an earning warning from Toronto-Dominion Bank pressured the financials group and the price of crude slid below $50 a barrel.

The S&P/TSX composite index fell 602.67 points, or 7.1 percent, to 7,887.89.

(Reporting by Jennifer Kwan; editing by Rob Wilson)