The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, Nov. 11, 2022. THE CANADIAN PRESS/ Tijana Martin
TORONTO – Canada’s main stock index lost almost 200 points Wednesday amid a broad-based decline, while U.S. markets also posted losses.
The S&P/TSX composite index closed down 186.80 points at 20,226.96.
In New York, the Dow Jones industrial average was down 198.78 points at 34,443.19. The S&P 500 index was down 31.35 points at 4,465.48, while the Nasdaq composite was down 148.48 points at 13,872.47.
The Canadian dollar traded for 73.24 cents UScompared with 73.38 cents US on Tuesday as the Bank of Canada kept its key interest rate on hold.
The October crude contract was up 85 cents at US$87.54 per barrel and the October natural gas contract was down seven cents at US$2.51 per mmBTU.
The December gold contract was down US$8.40 at US$1,944.20 an ounceand the December copper contract was down six cents at US$3.79 a pound.
This report by The Canadian Press was first published Sept. 6, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
