Today in the markets
U.S. stocks were down Wednesday as the U.S. government’s job data for March came in below expectations. The S&P posted its biggest decline in more than a month.
Canadian stocks also tumbled amid worries that the U.S. economy is faltering and concerns centred around threats from North Korea.
The S&P/TSX Composite was down 259.98 points to 12,422.12, while the TSX Venture Exchange gave up 30.48 points to close at 1,038.62.
Active stocks included Zynga Inc. (NASDAQ: ZNGA, Stock Forum), which shot 15% higher to $3.53 after the online gaming firm announced it would soon launch its first real money games -- ZyngaPlusPoker and ZyngaPlusCasino -- in the U.K.
In Canada, First Quantum Minerals Ltd. (TSX: T.FM, Stock Forum) has suspended engineering contracts with SNC-Lavalin Group Inc. (TSX: T.SNC, Stock Forum) and other partners at the massive Cobre Panama copper project. First Quantum acquired the property as part of its $5.1-billion takeover of Inmet Mining Corp. (TSX: T.IMN, Stock Forum). First Quantum was down by almost 4% at $17.96.
TD Bank Group (TSX: T.TD, Stock Forum) said its long-time president and chief executive, Ed Clark, will retire on Nov. 1, 2014. Clark's successor will be Bharat Masrani, 56, who is currently head of TD's U.S. personal and commercial banking group. TD shares slipped 73 cents to $83.72. TD shares fell 1.2% to $83.43.
/www.stockhouse.com/natural-resources-news/2013/april/3/silver-junior-down-9--on-dill-results.aspx">Stockhouse Canadian Small and Micro-cap Stock Report