November 14th, 2024

S&P/TSX composite down nearly 200 points, U.S. stocks also fall

By The Canadian Press on February 21, 2023.

The Bay Street financial district is shown in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette

TORONTO – Canada’s main stock index was down nearly 200 points as losses in the technology sector helped lead a broad-based decline, while U.S. stock markets also fell.

The S&P/TSX composite index was down 192.25 points at 20,322.99.

In New York, the Dow Jones industrial average was down 519.64 points at 33,307.05. The S&P 500 index was down 63.18 points at 4,015.91, while the Nasdaq composite was down 220.86 points at 11,566.41.

The Canadian dollar traded for 74.04 cents US compared with 74.15 cents US on Friday.

The April crude oil contract was unchanged at US$76.55 per barrel and the April natural gas contract was down 15 cents at US$2.21 per mmBTU.

The April gold contract was down US$4.10 at US$1,846.10 an ounce and the March copper contract was up 11 cents at US$4.22 a pound.

This report by The Canadian Press was first published Feb. 21, 2023.

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

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