Stock markets extended losses on Friday after technology stocks plunged the day before, overshadowing generally positive news about job numbers in the U.S. and Canada. Technology, communication services and consumer discretionary stocks fell the most among the major S&P sectors. But even after the sudden sell off, technology shares are still well up from where they were a few months ago. Apple shares are up 65 per cent for the year, and Amazon is up 82.3 per cent. Losses extended to the Toronto Stock Exchange, too, where the benchmark S&P/TSX Composite Index was down about 300 points or almost two per cent.

Source: CBC News September 04, 2020 15:22 UTC