TORONTO - The Toronto stock market racked up a sharp, triple-digit slide for a second session after intense wrangling failed to produce a new government for Greece.
The S&P/TSX composite index tumbled 145.41 points to 11,343.13.
Fresh elections for the debt-plagued country will be held next month, raising the possibility that a new government could repudiate the agreements that have enabled Greece to keep afloat through massive bailouts. Such a development would see Greece likely exit the eurozone.
The Canadian dollar lost 0.39 of a cent to 99.32 cents US.
The Dow Jones industrials dropped 63.35 points to 12,632, while the Nasdaq composite index was 8.82 points lower at 2,893.76 and the S&P 500 index fell 7.69 points to 1,330.66.
Oil fell 80 cents to US$93.98 a barrel.
