A currency trader passes by screens showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Aug. 3, 2023. Asian stock markets followed Wall Street lower on Thursday after Fitch Ratings cut the United States government's credit rating.TYHE CANADIAN PRESS/AP-Ahn Young-joon
TORONTO – Canada’s main stock index was down almost 100 points despite strength in energy stocks, while U.S. markets also moved lower.
The S&P/TSX composite index closed down 97.47 points at 20,120.74.
In New York, the Dow Jones industrial average was down 66.63 points at 35,215.89. The S&P 500 index was down 11.50 points at 4,501.89,while the Nasdaq composite was down 13.73 points at 13,959.71.
The Canadian dollar traded for 74.90 cents UScompared with 74.99 cents US on Wednesday.
The September crude oil contract was up US$2.06 at US$81.55 per barreland the September natural gas contract was up nine cents at US$2.57 per mmBTU.
The December gold contract was down US$6.20 at US$1,968.80 an ounce and the September copper contract was up six cents at US$3.90 a pound.
This report by The Canadian Press was first published Aug. 3, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
