A currency trader passes by screens showing the Korea Composite Stock Price Index (KOSPI), center, and the exchange rate of South Korean won against the U.S. dollar, right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Nov. 28, 2022. THE CANADIAN PRESS/AP-Ahn Young-joon
TORONTO – Canada’s main stock index was down about 100 points in late-morning, weighed down by losses in the energy, base metal and utility sectors, while U.S. stock markets also retreated.
The S&P/TSX composite index was down 101.44 points at 20,282.33.
In New York, the Dow Jones industrial average was down 265.05 points at 34,081.98. The S&P 500 index was down 33.98 points at 3,992.14, while the Nasdaq composite was down 85.16 points at 11,141.20.
The Canadian dollar traded for 74.39 cents US compared with 74.76 cents US on Friday.
The January crude contract was down 51 cents at US$75.77 per barrel and the January natural gas contract was down 21 cents at US$7.12 per mmBTU.
The December gold contract was down US$12.20 at US$1,741.80 an ounce and the March copper contract was down four cents at US$3.59 a pound.
This report by The Canadian Press was first published Nov. 28, 2022.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
