TSX and Dow plunge in worst day of the year on growing fears of recession [Business News Network (BNN) Energy & Resources (Canada)]
Aurora Cannabis Inc. - Common Shares (ACB)
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Source: Business News Network
TSX and Dow plunge in worst day of the year on growing fears of recession TORONTO - The main stock indexes in Canada and the U.S. suffered their worst day of the year on Wednesday as North American markets plunged on growing fears of a global recession. “It has been a pretty violent day in the markets,” said Candice Bangsund, portfolio manager for Fiera Capital. “Investor sentiment is extremely fragile and there's several macro developments that are unnerving investors today.” There was disappointing economic data in China, the German economy contracted and factory production in Europe plunged the most in three years in June. And then, yields for two- and 10-year bonds inverted for the first time since before the Great Recession, adding to investor angst. “So all of these economic indicators were signalling that the global economy is undergoing a slowdown and that the trade uncertainty is weighing on global growth,” she said in an interview. The S&P/TSX composite index closed down 304
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ACB
Sec Filings
- 1/26/23 - Form 6-K
- 1/4/23 - Form 6-K
- 12/5/22 - Form 6-K
- ACB's page on the SEC website