“Everybody was expecting an increase of interest rates but what we saw over the last two or three days both in Canada and in the U.S.
In New York, the Dow Jones industrial average had its worst day since 2020 by decreasing 981.36 points or 2.8 per cent to 33,811.40.
Once again, the TSX was a sea of red with all 11 major sectors losing ground, with nine falling by more than one percentage point.