The Bay Street Financial District is shown with the Canadian flag in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette
TORONTO – Canada’s main stock index moved lower on Thursday, led by weakness in technology and base metals, while U.S. markets were also down, with the Nasdaq falling 1.7 per cent.
The S&P/TSX composite index closed down 84.26 points at 23,037.47.
In New York, the Dow Jones industrial average was down 177.71 points at 40,712.78. The S&P 500 index was down 50.21 points at 5,570.64, while the Nasdaq composite was down 299.63 points at 17,619.35.
The Canadian dollar traded for 73.52 cents US compared with 73.57 cents US on Wednesday.
The October crude oil contract was up US$1.08 at US$73.01 per barreland the October natural gas contract was down 12 cents at US$2.19 per mmBTU.
The December gold contract was down US$30.80 at US$2,516.70. an ounce and the September copper contract was down four cents at US$4.15 a pound.
This report by The Canadian Press was first published Aug. 22, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
