A sign board displays the TSX level in the financial district in Toronto on Wednesday, Sept. 29, 2021. THE CANADIAN PRESS/Evan Buhler
TORONTO – Losses in financial and utilities stocks helped drag Canada’s main stock index lower in late-morning trading, while U.S. stock markets were also down.
The S&P/TSX composite index was down 131.98 points at 22,229.80.
In New York, the Dow Jones industrial average was down 442.31 points at 38,441.36.The S&P 500 index was down 51.95 points at 5,157.96,while the Nasdaq composite was down 16,134.08 points at 172.55.
The Canadian dollar traded for 73.03 cents US compared with 73.65 cents US on Tuesday.
The May crude oil contract was down 30 cents at US$84.93 per barreland the May natural gas contract was up less than a penny at US$1.87 per mmBTU.
The June gold contract was down US$4.70 at US$2,357.70 an ounceand the May copper contract was down a penny at US$4.27 a pound.
This report by The Canadian Press was first published April 10, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)