November 26th, 2024

S&P/TSX composite closes down four points, U.S. markets slip

By The Canadian Press on November 21, 2022.

A currency trader checks monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Nov. 21, 2022. Asian stock markets sank Monday after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans for more interest rate hikes to cool inflation. THE CANADIAN PRESS/AP-Ahn Young-joon

TORONTO – Canada’s main stock index barely slipped Monday, while markets in the U.S., especially the Nasdaq, were down more as tech stocks fell.

The S&P/TSX composite index closed down 3.78 points at 19,977.13.

In New York, the Dow Jones industrial average was down 45.41 points at 33,700.28.The S&P 500 index was down 15.40 points at 3,949.94,while the Nasdaq composite was down 121.55 points at 11,024.51.

The Canadian dollar traded for 74.34 cents US, compared with 74.71 cents US on Friday.

The January crude oil contract was down seven cents at US$80.04 per barrel and the December natural gas contract was up 47 cents at US$6.78 per mmBTU.

The December gold contract was down US$14.80 at US$1,739.60 an ounceand the December copper contract was down six cents at US$3.57 a pound.

This report by The Canadian Press was first published Nov. 21, 2022.

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

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