S&P/TSX composite down in late-morning trading, U.S. stock markets also lower

TORONTO –

Canada’s principal inventory index was within the purple in late-morning buying and selling, as losses within the base metals sector helped lead the market decrease, whereas U.S. inventory markets additionally moved down.

The S&P/TSX composite index was down 28.43 factors at 20,249.85.

In New York, the Dow Jones industrial common was down 187.66 factors at 33,413.49. The S&P 500 index was down 22.68 factors at 4,101.83, whereas the Nasdaq composite was down 61.34 factors at 12,128.11.

The Canadian greenback traded for 74.33 cents US in contrast with 74.42 cents US on Monday.

The May crude contract was down three cents at US$80.39 per barrel and the May pure fuel contract was down lower than a penny at US$2.09 per mmBTU.

The June gold contract was up US$36.40 at US$2,036.80 an oz. and the May copper contract was down six cents at US$3.98 a pound.

This report by The Canadian Press was first revealed April 4, 2023.