S&P/TSX composite down 100 points, U.S. stock markets also trade lower

TORONTO –

Canada’s essential inventory index was down 100 factors in late-morning buying and selling as losses within the know-how and base steel sectors helped lead a broad-based decline, whereas U.S. inventory markets additionally pulled again.

The S&P/TSX composite index was down 100.17 factors at 19,343.11.

In New York, the Dow Jones industrial common was down 12.64 factors at 32,907.82. The S&P 500 index was down 17.71 factors at 3,834.65, whereas the Nasdaq composite was down 121.29 factors at 10,584.12.

The Canadian greenback traded for 73.15 cents US in contrast with 73.06 cents US on Friday.

The February crude contract was unchanged at US$74.46 per barrel and the January pure fuel contract was down 63 cents at US$5.97 per mmBTU (million British thermal models).

The February gold contract was down US$6.50 at US$1,793.70 an oz. and the March copper contract was up a penny at US$3.77 a pound.

This report by The Canadian Press was first printed Dec. 19, 2022.