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

TORONTO –

Canada’s primary inventory index was decrease in late-morning buying and selling, weighed down by losses within the vitality, base steel and monetary sectors, whereas U.S. inventory markets crept larger.

The S&P/TSX composite index was down 43.16 factors at 20,209.48.

In New York, the Dow Jones industrial common was up 22.34 factors at 33,151.93. The S&P 500 index was up 0.23 of a degree at 3,997.57, whereas the Nasdaq composite was up 7.20 factors at 11,499.50.

The Canadian greenback traded for 73.80 cents US in contrast with 73.99 cents US on Tuesday.

The April crude contract was down US$1.71 at US$74.65 per barrel and the April pure fuel contract was up 15 cents at US$2.33 per mmBTU.

The April gold contract was up US$2.90 at US$1,845.40 an oz. and the March copper contract was down six cents at US$4.16 a pound.

This report by The Canadian Press was first printed Feb. 22, 2023