A street sign along Bay Street in Toronto's financial district is shown on Tuesday, Jan. 12, 2021.THE CANADIAN PRESS/Nathan Denette
TORONTO – Losses in industrial and base metal stocks dragged Canada’s main stock index lower Wednesday, while markets in the U.S. slid, led by large technology companies.
The S&P/TSX composite index closed down 174.18 points at 22,639.57.
In New York, the Dow Jones industrial average was down 504.22 points at 39,853.87.The S&P 500 index was down 128.61 points at 5,427.13, while the Nasdaq composite was down 654.94 points at 17,342.41.
The Canadian dollar traded for 72.50 cents UScompared with 72.63 cents US on Tuesday.
The September crude oil contract was up 63 cents at US$77.59 per barreland the September natural gas contract was down six cents at US$2.16 per mmBTU.
The August gold contract was up US$8.40at US$2,415.70 an ounceand the September copper contract was down five cents at US$4.11 a pound.
This report by The Canadian Press was first published July 24, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
