December 14th, 2024

S&P/TSX composite down almost 130 points, U.S. stock markets essentially flat

By The Canadian Press on September 18, 2023.

The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on November 11, 2022. THE CANADIAN PRESS/ Tijana Martin

TORONTO – Losses in technology and base metal stocks helped lead a broad-based decline as Canada’s main stock index fell almost 130 points, while U.S. stock markets lost steam midway through the trading day to essentially end flat.

The S&P/TSX composite index was down 129.51 points at 20,492.83.

In New York, the Dow Jones industrial average was up 6.06 points at 34,624.30. The S&P 500 index was 3.21 points points at 4,453.53, while the Nasdaq composite was up 1.90 points at 13,710.24.

The Canadian dollar traded for 74.12 cents UScompared with 73.93 cents US on Friday.

The November crude contract was up 56 cents at US$90.58 per barreland the October natural gas contract was up eight cents at US$2.73 per mmBTU.

The December gold contract was up US$7.20 at US$1,953.40 an ounce and the December copper contract was down two cents at US$3.78 a pound.

This report by The Canadian Press was first published Sept. 18, 2023.

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

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