S&P/TSX composite index dips alongside U.S. markets in Tuesday morning trading

BEIJING –

Canada’s primary inventory market nudged southward in late-morning buying and selling, according to a much bigger dip in U.S. markets.

The S&P/TSX composite index dipped 125.19 factors to twenty,110.85, dragged down by metals and knowledge expertise shares.

In New York, the Dow Jones industrial common dropped 402.14 factors to 35,070.71. The S&P 500 index was down 51.34 factors at 4,467.10, whereas the Nasdaq composite was down 222.68 factors at 13,774.91.

The Canadian greenback traded for 74.26 cents US in contrast with 74.88 cents US on Friday.

The September crude oil contract was down 78 cents at US$81.16 per barrel and the September pure gasoline contract was up 4 cents at US$2.77 per mmBTU.

The December gold contract was down US$9.10 at US$1,960.90 an oz and the September copper contract was down eight cents at US$3.76 a pound.

This report by The Canadian Press was first revealed Aug. 8, 2023.