November 28th, 2024

S&P/TSX composite down more than 100 points Wednesday morning; U.S. markets mixed

By The Canadian Press on July 17, 2024.

A signboard is displayed at the TMX in Toronto, Wednesday, Nov. 1, 2023. THE CANADIAN PRESS/Chris Young

TORONTO – Losses in the battery metals and technology sectors led Canada’s main stock index lower in late-morning trading on Wednesday, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 114.53 points at 22,880.86.

In New York, the Dow Jones industrial average was up 85.57 points at 41,040.05. The S&P 500 index was down 67.82 points at 5,599.38, while the Nasdaq composite was down 439.12 points at 18,070.21.

The Canadian dollar traded for 73.05 cents US compared with 73.07 cents US on Tuesday.

The September crude oil contract was up $1.43 cents at US$81.14 per barrel and the August natural gas contract was down 11 cents at US$2.08 per mmBTU.

The August gold contract was down US$1.40 at US$2,466.40 an ounce and the September copper contract was down four cents at US$4.41 a pound.

This report by The Canadian Press was first published July 17, 2024.

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

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