S&P/TSX composite down nearly 100 points, U.S. stock markets mixed

S&P/TSX composite down nearly 100 points, U.S. stock markets mixed

Canada’s main stock index was down nearly 100 points, weighed down by losses in the industrial, base metal and telecommunication sectors, while U.S. stock markets were mixed in late-morning trading.

What Oil Is Telling Us About the Stock Market Right Now

Over the past three weeks, as markets of every stripe have been in turmoil, everyone is looking for an indicator. What can data points or other markets tell us about stocks? Is the worst of the drop over, or are the up days just an exaggerated dead cat bounce (a market term for a retracement of a down move that means nothing on the basis that even a dead cat will bounce if you throw it to the floor hard enough), and will we be seeing new lows be…