Stock markets continue to move lower on economic sentiment

TORONTO: Stock markets deepened their losses as Friday morning wore on, with investors putting their optimism aside once again to focus on the struggling global economy.Toronto's S&P/TSX composite index dropped 271.45 points in morning trading to 9,081.14, after gaining 430 points or five per cent Thursday.The Canadian dollar was at 81.95 cents US, down 0.59 of a cent.Media conglomerate Canwest Global Communications Corp. (TSX:CGS) reported a billion-dollar quarterly loss after writing down its Canadian TV operations by $1.01 billion, which "reflects a deterioration in the near-term profit expectations." Its stock declined eight cents to 72 cents, down from $7.50 a year ago.linke.....