S&P/TSX composite down more than 150 points, U.S. stock markets also lower | 24CA News

Canada
Published 05.01.2023
S&P/TSX composite down more than 150 points, U.S. stock markets also lower  | 24CA News

Canada’s major inventory index was down greater than 150 factors in late-morning buying and selling as losses within the monetary, expertise and utility sectors helped paved the way decrease and U.S. inventory markets additionally pulled again.

The S&P/TSX composite index was down 155.37 factors at 19,433.46.

In New York, the Dow Jones industrial common was down 436.42 factors at 32,833.35. The S&P 500 index was down 48.05 factors at 3,804.92, whereas the Nasdaq composite was down 134.54 factors at 10,324.22.

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The Canadian greenback traded for 73.68 cents US in contrast with 74.03 cents US on Wednesday.

The February crude oil contract was up US$1.13 at US$73.97 per barrel and the February pure gasoline contract was down 39 cents at US$3.78 per mmBTU.

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The February gold contract was down US$25.00 at US$1,834.00 an oz. and the March copper contract was up seven cents at US$3.81 a pound.

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