The S&P TSX composite index screen at the TMX Market Centre in Toronto is photographed on Friday, Nov.11, 2022. THE CANADIAN PRESS/Tijana Martin
TORONTO – Canada’s main stock index wiped out its gains from the day before in late-morning trading Thursday, declining 1.6 per cent with most major sectors down, while U.S. markets also fell.
The S&P/TSX composite index was down 366.30 points at 22,744.51.
In New York, the Dow Jones industrial average was down 473.45 points at 40,369.34. The S&P 500 index was down 40.49 points at 5,481.81, while the Nasdaq composite was down 180.58 points at 17,18.82.
The Canadian dollar traded for 72.25 cents US compared with 72.42 cents US on Wednesday.
The September crude oil contract was down 71 cents at US$77.20 per barrel and the September natural gas contract was up two cents at US$2.06 per mmBTU.
The December gold contract was up US$19.30 at US$2,492.30 an ounceand the September copper contract was up seven cents at US$4.11 a pound.
This report by The Canadian Press was first published Aug. 1, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
