S&P/TSX composite posts triple digit decline, U.S. stock markets also lower | Globalnews.ca

Canada’s main stock index posted a triple-digit decline as losses in the base metals sector helped lead stocks lower, while U.S. stock markets were also lower in late-morning trading.

The S&P/TSX composite index was down 126.34 points at 20,372.97.

In New York, the Dow Jones industrial average was down 271.31 points at 33,260.02. The S&P 500 index was down 15.77 points at 4,121.87, while the Nasdaq composite was down 4.55 points at 12,301.89.

The Canadian dollar traded for 74.17 cents US compared with 74.77 cents US on Wednesday.

The June crude contract was down 91 cents at US$71.65 per barrel and the June natural gas contract was up five cents at US$2.24 per mmBTU.

The June gold contract was down US$12.70 at US$2,024.40 an ounce and the July copper contract was down 13 cents at US$3.71 a pound.

&copy 2023 The Canadian Press

For more latest Economy News Click Here 

Read original article here

Denial of responsibility! FineRadar is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – abuse@fineradar.com. The content will be deleted within 24 hours.
compositedeclinedigitEconomyEconomy NewsFine RadarGlobalnews.caHeadlinesIndian EconomyMarketsmoneypostsSPTSXStockstock marketStock marketsstocksToronto Stock ExchangeTripleTSXU.SWorld economy News
Comments (0)
Add Comment