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 more than one per cent on Wednesday in a broad-based slump and U.S. markets also fell, as stocks took a dramatic turn in the later half of the afternoon.
The S&P/TSX composite index closed down 238.82 points at 20,600.81.
In New York, the Dow Jones industrial average was down 475.92 points at 37,082.00. The S&P 500 index was down 70.02 points at 4,698.35, while the Nasdaq composite was down 225.28 points at 14,777.94.
The Canadian dollar traded for 75.01 cents UScompared with 74.94 cents US on Tuesday.
The February crude oil contract was up 28 cents at US$74.22 per barrel and the January natural gas contract was down five cents at US$2.45 per mmBTU.
The February gold contract was down US$4.40 at US$2,047.70 an ounceand the March copper contract was up a penny at US$3.91 a pound.
This report by The Canadian Press was first published Dec. 20, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
