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 was down more than 100 points Wednesday amid broad-based weakness, while U.S. stock markets also slumped.
The S&P/TSX composite index was down 100.98 points at 20,103.89.
In New York, where stock markets were closed on Tuesday, the Dow Jones industrial average was down 129.83 points at 34,288.64. The S&P 500 index was down 8.77 points at 4,446.82, while the Nasdaq composite was down 25.12 points at 13,791.65.
The Canadian dollar traded for 75.34 cents UScompared with 75.65 cents US on Tuesday.
The August crude contract was up US$2.00 from Monday at US$71.79 per barrel and the August natural gas contract was down five cents from Monday at US$2.66 per mmBTU.
The August gold contract was down US$2.40 from Monday at US$1,927.10 an ounceand the September copper contract was down three cents from Monday at US$3.77 a pound.
This report by The Canadian Press was first published July 5, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)