October 6th, 2024

S&P/TSX composite down more than 200 points, U.S. markets also down

By The Canadian Press on May 2, 2023.

A street sign along Bay Street in Toronto's financial district is shown on Tuesday, January 12, 2021. THE CANADIAN PRESS/Nathan Denette

TORONTO – Canada’s main stock index lost more than 200 points in a broad-based decline led by energy, while U.S. stock markets also fell.

The S&P/TSX composite index closed down 207.54 points at 20,407.56.

In New York, the Dow Jones industrial average was down 367.17 points at 33,684.53. The S&P 500 index was down 48.29 points at 4,119.58, while the Nasdaq composite was down 132.09 points at 12,080.51.

The Canadian dollar traded for 73.43 cents US compared with 73.82 cents US on Monday.

The June crude contract was down US$4.00 at US$71.66 per barreland the June natural gas contract was down 10 cents at US$2.21 per mmBTU.

The June gold contract was up US$31.10 at US$2,023.30 an ounce and the July copper contract was down seven cents at US$3.86 a pound.

This report by The Canadian Press was first published May 2, 2023.

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

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