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 fell nearly 300 points in early afternoon trading, while U.S. stock markets rebounded to regain some of the ground lost in a big plunge Monday when the Toronto market was closed.
The S&P/TSX composite index was down 292.92 points at 21,934.71.
In New York, the Dow Jones industrial average was up 483.68 points at 39,186.95. The S&P 500 index was up 94.56 points at 5,280.89, while the Nasdaq composite was up 315.89 points at 16,515.98.
The Canadian dollar traded for 72.53 cents US compared with 72.16 cents US on Friday.
The September crude oil contract was up 50 cents at US$73.44 per barrel and the September natural gas contract was up five cents at US$2.00 per mmBTU.
The December gold contract was down US$16 at US$2,428.40 an ounce and the September copper contract was up three cents at US$4.03 a pound.
This report by The Canadian Press was first published Aug. 6, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
Note to readers: This is a corrected story. An earlier version incorrectly stated the S&P500 figures.
