December 14th, 2024

S&P/TSX composite declines Thursday, U.S. stock markets also fall

By The Canadian Press on October 12, 2023.

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

TORONTO – Canada’s main stock index declined Thursday, led by losses in utilities, base metals and telecom, while U.S. markets also fell after the latest report on inflation south of the border.

The S&P/TSX composite index closed down 163.60 points at 19,500.24.

In New York, the Dow Jones industrial average was down 173.73 points at 33,631.14. The S&P 500 index was down 27.34 points at 4,349.61,while the Nasdaq composite was down 85.46 points at 13,574.22.

The Canadian dollar traded for 73.22 cents UScompared with 73.51 cents US on Wednesday.

The November crude contract was down 58 cents at US$82.91 per barrel and the November natural gas contract was down three cents at US$3.34 per mmBTU.

The December gold contract was down US$4.30 at US$1,883.00 an ounce and the December copper contract was down two cents at US$3.59 a pound.

This report by The Canadian Press was first published Oct. 12, 2023.

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

Share this story:

9
-8

Comments are closed.