TSX drops, Dow sheds more than 1,000 points as spike in coronavirus cases slams markets [Toronto Globe and Mail (Ontario, Canada)]
Magna International, Inc. (MGA)
Last magna international, inc. earnings: 2/21 05:00 am
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Source: Toronto Globe and Mail
TSX drops, Dow sheds more than 1,000 points as spike in coronavirus cases slams markets Stocks took their sharpest downturn in two years in a global sell-off on Monday as reports that the coronavirus is spreading quickly beyond China rattled investors and raised new concerns about the global economy. Major U.S. and European stock benchmarks sank more than 3 per cent, and investors rushed for the safety of bonds and gold. Strength in gold prices, which hit a seven-year high, helped Canada’s main stock index limit its loss to about 1.6 per cent. The coronavirus has for weeks stifled business activity and exports in China as citizens followed orders to stay at home in a bid to arrest the spread. Now, concerns are growing that other countries will feel the economic effects of extended quarantine efforts. “At the beginning [of the coronavirus outbreak], markets were shrugging it off because it was regionalized mostly in Asia,” said Jennifer Lee, senior economist at BMO Nesbitt Burns. But “
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MGA
Earnings
- 11/1/24 - Miss
MGA
Sec Filings
- 11/5/24 - Form 6-K
- 11/1/24 - Form 6-K
- 11/1/24 - Form 6-K
- MGA's page on the SEC website