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North American stock markets plummeted after the U.S.-Sino trade war heated up with President Donald Trump angrily responding to China’s tariff retaliation.

The S&P/TSX composite index closed down 215.88 points at 16,037.58.

In New York, the Dow Jones industrial average was down 623.34 points at 25,628.90. The S&P 500 index was down 75.84 points at 2,847.11, while the Nasdaq composite was down 239.62 points at 7,751.77.

The Canadian dollar traded for an average of US75.13¢, compared with US75.23¢ on Thursday.

The October crude contract was down US$1.18 at US$54.17 per barrel and the October natural gas contract was down US0.7¢ at US$2.16 per mmBTU.

The December gold contract was up US$29.10 at US$1,537.60 an ounce and the September copper contract was down US2.75¢ at US$2.53 a pound.