October 14th, 2024

S&P/TSX moves down more than 100 points, led by financials; U.S. markets mixed

By The Canadian Press on January 9, 2024.

The Bay Street financial district is shown in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette

TORONTO – Weakness in financial stocks Tuesday weighed on Canada’s main stock index, which lost more than 100 points, while U.S. markets were mixed.

The S&P/TSX composite index closed down 103.93 points at 20,970.98.

In New York, the Dow Jones industrial average was down 157.85 points at 37,525.16.The S&P 500 index was down 7.04 points at 4,756.50, while the Nasdaq composite was up 13.94 points at 14,857.71.

The Canadian dollar traded for 74.68 cents UScompared with 74.78 cents US on Monday.

The February crude oil contract was up US$1.47 at US$72.24 per barrel and the February natural gas contract was up 21 cents at US$3.19 per mmBTU.

The February gold contract was down 50 cents at US$2,033 an ounce and the March copper contract was down five cents at US$3.76 a pound.

This report by The Canadian Press was first published Jan. 9, 2024.

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

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