November 26th, 2024

S&P/TSX composite edges down, U.S. stock markets lower

By The Canadian Press on November 16, 2022.

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 slipped Wednesday as October inflation data was released, pulled down by losses in energy and metals, while U.S. markets were also down.

The S&P/TSX composite index closed down 36.82 points at 19,957.96.

In New York, the Dow Jones industrial average was down 39.09 points at 33,553.83.The S&P 500 index was down 32.94 points at 3,958.79, while the Nasdaq composite was down 174.75 points at 11,183.66.

The Canadian dollar traded for 75.13 cents US compared with 75.24 cents US on Tuesday.

The December crude oil contract was down US$1.33 at US$85.59 per barrel and the December natural gas contract was up 17 cents at US$6.20 per mmBTU.

The December gold contract was down US$1.00 at US$1,775.80 an ounce and the December copper contract was down five cents at US$3.77 a pound.

This report by The Canadian Press was first published Nov. 16, 2022.

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

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