The S&P TSX composite index screen at the TMX Market Centre in Toronto is photographed on Friday, Nov.11, 2022. THE CANADIAN PRESS/Tijana Martin
TORONTO – Canada’s main stock index more than wiped out its gains from the day before on Thursday, declining 1.7 per cent with most major sectors down,while U.S. markets also fell.
The S&P/TSX composite index closed down 387.60 points at 22,723.21.
In New York, the Dow Jones industrial average was down 494.82 points at 40,347.97. The S&P 500 index was down 75.62 points at 5,446.68, while the Nasdaq composite was down 405.26 points at 17,194.14.
The Canadian dollar traded for 72.22 cents UScompared with 72.42 cents US on Wednesday.
The September crude oil contract was down US$1.60 at US$76.31 per barreland the September natural gas contract was down seven cents at US$1.97 per mmBTU.
The December gold contract was up US$7.80 at US$2,480.80 an ounce and the September copper contract was down nine cents at US$4.08 a pound.
This report by The Canadian Press was first published Aug. 1, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
