TSX down over 800 points, U.S. markets sink for second day as trade war continues

TORONTO — Canadian and U.S. stock markets continue to be roiled by U.S. President Donald Trump’s tariff plans that sent several prominent indexes nosediving Friday. The S&P/TSX composite index was down over 800 points, or more than three per cent, in early trading. In New York, the Dow Jones industrial average dropped 2.6 per cent, while the S&P 500 and Nasdaq were down more than three per cent. The Canadian dollar was down almost one per cent to 70.36 cents US after jumping to over 71 cents US on Thursday. Friday’s market fallout comes on the heels of heavy losses…