Stock markets move lower on economic news and earnings reports
Tech and energy sectors pulled markets down
Ivey index released today
Value of permits reaches $74 billion
Value of Canadian building permits hit record high in 2007
TSX sheds 326 points
TD Economics downgrades its U.S. economic growth outlook
Yahoo gets a broker downgrade
Economists expecting further interest rate cuts to limit slowing
Housing, consumption and inventories were the major drags