December 13th, 2024

S&P/TSX composite down almost 300 points, U.S. stock markets also move lower

By The Canadian Press on September 19, 2023.

The S&P TSX composite index screen is seen at the TMX Market Centre in Toronto, Friday, Nov. 11, 2022. THE CANADIAN PRESS/Tijana Martin

TORONTO – Canada’s main stock index fell 1.3 per cent Tuesday in a broad-based decline after the latest inflation print came in higher than expected, while U.S. stock markets also moved lower.

The S&P/TSX composite index closed down 273.94 points at 20,218.89.

In New York, the Dow Jones industrial average was down 106.57 points at 34,517.73. The S&P 500 index was down 9.58 points at 4,443.95, while the Nasdaq composite was down 32.05 points at 13,678.19.

The Canadian dollar traded for 74.48 cents US compared with 74.12 cents US on Monday.

The November crude contract was down 10 cents at US$90.48 per barrel and the October natural gas contract was up 12 cents at US$2.85 per mmBTU.

The December gold contract was up 30 cents at US$1,953.70 an ounceand the December copper contract was down three cents at US$3.75 a pound.

This report by The Canadian Press was first published Sept. 19, 2023.

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

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