A sign board displays the TSX level in Toronto, Friday, June 4, 2021. THE CANADIAN PRESS/Frank Gunn
TORONTO – Canada’s main stock index fell almost 100 points Wednesday, tipping into the red after a strong start to the day despite an 18-per-cent gain for Shopify Inc., while U.S. markets also reversed earlier gains to end the day down.
The S&P/TSX composite index closed down 98.41 points at 21,880.95.
In New York, the Dow Jones industrial average was down 234.21 points at 38,763.45. The S&P 500 index was down 40.53 points at 5,199.50, while the Nasdaq composite was down 171.05 points at 16,195.81.
The Canadian dollar traded for 72.79 cents US compared with 72.50 cents US on Tuesday.
The September crude oil contract was up US$2.03 at US$75.23 per barrel and the September natural gas contract was up 10 cents at US$2.11 per mmBTU.
The December gold contract was up 80 cents US at US$2,432.40 an ounce and the September copper contract was down eight cents at US$3.95 a pound.
This report by The Canadian Press was first published Aug. 7, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
