Monday, June 4, 2007

Canadian Stocks May Drop With European, U.S. Shares After China's Plunge

(Bloomberg) -- Canadian stocks may decline after
China's benchmark stock index plunged on concerns the government
won't try to stop a fall that's erased more than $350 billion of
market value in four days.

``I see mostly negatives at the moment,'' said Fred Ketchen,
director of equity trading at Scotia McLeod Inc. in Toronto.
``Given the declines we've seen in Europe and the U.S. market, I
don't know why we would buck the trend.''


Read more at Bloomberg Stocks News

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