December 13th, 2024

S&P/TSX composite down Thursday as tech stocks fall, U.S. stock markets also lower

By The Canadian Press on October 26, 2023.

Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020. THE CANADIAN PRESS/Nathan Denette

TORONTO – Canada’s main stock index moved lower Thursday amid weakness in industrials, technology and battery metals, while U.S. markets also fell, led by losses in technology.

The S&P/TSX composite index closed down 72.54 points at 18,875.31.

In New York, the Dow Jones industrial average was down 251.63 points at 32,784.30. The S&P 500 index was down 49.54 points at 4,137.23, while the Nasdaq composite was down 225.62 points at 12,595.61.

The Canadian dollar traded for 72.33 cents US compared with 72.56 cents US on Wednesday.

The December crude oil contract was down US$2.18 at US$83.21 per barrel and the December natural gas contract was up 10 cents at US$3.48 per mmBTU.

The December gold contract was up US$2.50 at US$1,997.40 an ounceand the December copper contract was down a penny at US$3.58 a pound.

This report by The Canadian Press was first published Oct. 26, 2023.

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

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