S&P/TSX composite posts loss Wednesday despite energy gains, U.S. markets also lower

TORONTO –

Losses in expertise and battery metals helped lead Canada’s most important inventory index decrease regardless of positive factors in vitality Wednesday, whereas U.S. markets have been additionally down.

The S&P/TSX composite index was down 48.19 factors at 19,705.95.

In New York, the Dow Jones industrial common was down 102.35 factors at 33,951.52.The S&P 500 index was down 23.02 factors at 4,365.69,whereas the Nasdaq composite was down 165.10 factors at 13,502.20.

The Canadian greenback traded for 75.86 cents UScompared with 75.52 cents US on Tuesday.

The August crude contract was up US$1.34 at US$72.53 per barreland the July pure gasoline contract was up 11 cents at US$2.60 per mmBTU.

The August gold contract was down US$2.80 at US$1,944.90 an oz. and the July copper contract was up three cents at US$3.91 a pound.

This report by The Canadian Press was first printed June 21, 2023.