S&P/TSX composite down more than 150 points, U.S. stock markets also lower

TORONTO –

Canada’s major inventory index was down greater than 150 factors in late-morning buying and selling as losses within the monetary, know-how and utility sectors helped prepared the ground decrease and U.S. inventory markets additionally pulled again.

The S&P/TSX composite index was down 155.37 factors at 19,433.46.

In New York, the Dow Jones industrial common was down 436.42 factors at 32,833.35. The S&P 500 index was down 48.05 factors at 3,804.92, whereas the Nasdaq composite was down 134.54 factors at 10,324.22.

The Canadian greenback traded for 73.68 cents US in contrast with 74.03 cents US on Wednesday.

The February crude oil contract was up US$1.13 at US$73.97 per barrel and the February pure fuel contract was down 39 cents at US$3.78 per mmBTU.

The February gold contract was down US$25.00 at US$1,834.00 an oz and the March copper contract was up seven cents at US$3.81 a pound.

This report by The Canadian Press was first revealed Jan. 5, 2023.