December 12th, 2024

S&P/TSX composite little changed Wednesday, U.S. stocks fall after rate decision

By The Canadian Press on September 20, 2023.

The Canadian dollar coin, the Loonie, is displayed in Montreal, Friday, Jan. 30, 2015. THE CANADIAN PRESS/Paul Chiasson

TORONTO – Weakness in energy and battery metals stocks outweighed strength elsewhere on Canada’s main stock index Wednesday, which lost just a handful of points, while U.S. markets fell near the end of the day after the U.S. Federal Reserve chose to hold on interest rates.

The S&P/TSX composite index closed down 4.20 points at 20,214.69.

In New York, the Dow Jones industrial average was down 76.85 points at 34,440.88.The S&P 500 index was down 41.75 points at 4,402.20,while the Nasdaq composite was down 209.06 points at 13,469.13.

The Canadian dollar traded for 74.50 cents UScompared with 74.48 cents US on Tuesday.

The November crude contract was down 82 cents at US$89.66 per barrel and the November natural gas contract was down 11 cents at US$2.92 per mmBTU.

The December gold contract was up US$13.40 at US$1,967.10 an ounce and the December copper contract was up three cents at US$3.78 a pound.

This report by The Canadian Press was first published Sept. 20, 2023.

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

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