The Bay Street financial district is shown in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette
TORONTO – Canada’s main stock index was down almost 300 points in a broad-based decline, while U.S. stock markets also fell.
The S&P/TSX composite index was down 293.20 points at 19,810.69.
In New York, the Dow Jones industrial average was down 366.38 points at 33,922.26. The S&P 500 index was down 35.23 points at 4,411.59,while the Nasdaq composite was down 112.61 points at 13,679.04.
The Canadian dollar traded for 74.92 cents US compared with 75.34 cents US on Wednesday.
The August crude oil contract was up a cent at US$71.80 per barrel and the August natural gas contract was down five cents at US$2.61 per mmBTU.
The August gold contract was down US$11.70 at US$1,915.40 an ounceand the September copper contract was down three cents at US$3.73 a pound.
This report by The Canadian Press was first published July 6, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
