April 17th, 2024

S&P/TSX composite down more than 100 points Tuesday, U.S. stock markets also fall

By The Canadian Press on April 2, 2024.

A street sign along Bay Street in Toronto's financial district is shown on Tuesday, January 12, 2021.THE CANADIAN PRESS/Nathan Denette

TORONTO – Canada’s main stock index declined more than 100 points on Tuesday as losses in financial, industrial and telecom stocks outweighed strength in energy and base metals, while U.S. stock markets also fell.

The S&P/TSX composite index closed down 110.15 points at 22,075.10.

In New York, the Dow Jones industrial average was down 396.61 points at 39,170.24. The S&P 500 index was down 37.96 points at 5,205.81, while the Nasdaq composite was down 156.38 points at 16,240.45.

The Canadian dollar traded for 73.68 cents UScompared with 73.67 cents US on Monday.

The May crude oil contract was up US$1.44 at US$85.15 per barreland the May natural gas contract was up three cents at US$1.86 per mmBTU.

The June gold contract was up US$24.70 at US$2,281.80 an ounce and the May copper contract was up two cents at US$4.07 a pound.

This report by The Canadian Press was first published April 2, 2024.

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

Share this story:
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments