November 26th, 2024

S&P/TSX composite down nearly 200 points, U.S. stock markets also down

By The Canadian Press on November 17, 2022.

The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, November 11, 2022. THE CANADIAN PRESS/ Tijana Martin

TORONTO – Canada’s main stock index was down nearly 200 points, as losses in the energy and base metal sectors helped lead a broad-based decline, while U.S. stock markets also fell in late-morning trading.

The S&P/TSX composite index was down 188.49 points at 19,769.47.

In New York, the Dow Jones industrial average was down 234.35 points at 33,319.48. The S&P 500 index was down 45.56 points at 3,913.23, while the Nasdaq composite was down 124.57 points at 11,059.09.

The Canadian dollar traded for 74.88 cents US compared with 75.13 cents US on Wednesday.

The January crude oil contract was down US$2.72 at US$82.28 per barrel and the December natural gas contract was up 14 cents at US$6.34 per mmBTU.

The December gold contract was down US$13.80 at US$1,762.00 an ounce and the December copper contract was down 10 cents US$3.68 a pound.

This report by The Canadian Press was first published Nov. 17, 2022.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

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