November 25th, 2024

S&P/TSX composite down, U.S. stock markets also fall ahead of Nvidia earnings

By The Canadian Press on August 28, 2024.

The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, November 11, 2022. THE CANADIAN PRESS/ Tijana Martin

TORONTO – Canada’s main stock index fell on Wednesday, led by technology and base metals, while U.S. markets were also down ahead of a much-anticipated earnings report from Nvidia.

The S&P/TSX composite index closed down 132.98 points at 23,126.98.

In New York, the Dow Jones industrial average was down 159.08 points at 41,091.42. The S&P 500 index was down 33.62 points at 5,592.18,while the Nasdaq composite was down 198.79 points at 17,556.03.

The Canadian dollar traded for 74.23 cents UScompared with 74.29 cents US on Tuesday.

The October crude oil contract was down US$1.01 at US$74.52 per barrel and the October natural gas contract was up a penny at US$2.10 per mmBTU.

The December gold contract was down US$15.10 at US$2,537.80 an ounceand the December copper contract was down eight cents at US$4.22 a pound.

This report by The Canadian Press was first published Aug. 28, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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