S&P/TSX composite down nearly 100 points, U.S. stock markets also fall

TORONTO –

Canada’s primary inventory index was down practically 100 factors, in a broad-based decline led by losses within the know-how and industrial sectors, whereas U.S. inventory markets additionally fell.

The S&P/TSX composite index was down 95.89 factors at 20,280.34.

In New York, the Dow Jones industrial common was down 238.68 factors at 33,058.28. The S&P 500 index was down 35.55 factors at 3,893.31, whereas the Nasdaq composite was down 121.14 factors at 10,835.87.

The Canadian greenback traded for 74.15 cents US in contrast with 74.41 cents US on Wednesday.

The March crude oil contract was up 87 cents at US$80.67 per barrel and the February pure gasoline contract was down 4 cents at US$3.27 per mmBTU.

The February gold contract was up US$12.10 at US$1,919.10 an oz and the March copper contract was up a penny at US$4.24 a pound.

This report by The Canadian Press was first printed Jan. 19, 2023