July 24th, 2024

S&P/TSX composite down more than 200 points Friday, U.S. stock markets also lower

By The Canadian Press on October 20, 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 was down more than one per cent Friday with broad-based losses led by financial, telecom and base metal stocks, while U.S. markets also fell to close the week.

The S&P/TSX composite index closed down 233.17 points at 19,115.64.

In New York, the Dow Jones industrial average was down 286.89 points at 33,127.28.The S&P 500 index was down 53.84 points at 4,224.16, while the Nasdaq composite was down 202.37 points at 12,983.81.

The Canadian dollar traded for 73.02 cents US compared with 72.91 cents US on Thursday.

The December crude contract was down 29 cents at US$88.08 per barrel and the November natural gas contract was down six cents at US$2.90 per mmBTU.

The December gold contract was up US$13.90 at US$1,994.40 an ounce and the December copper contract was down four cents at US$3.56 a pound.

This report by The Canadian Press was first published Oct. 20, 2023.

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

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