S&P/TSX composite down in late-morning trading, U.S. stock markets also lower | 24CA News

Canada
Published 02.12.2022
S&P/TSX composite down in late-morning trading, U.S. stock markets also lower  | 24CA News

Canada’s essential inventory index was down in late-morning buying and selling, weighed down by losses within the industrial and telecommunication sectors, whereas U.S. inventory markets additionally fell.

The S&P/TSX composite index was down 39.21 factors at 20,486.24.

In New York, the Dow Jones industrial common was down 178.05 factors at 34,216.96. The S&P 500 index was down 31.48 factors at 4,045.09, whereas the Nasdaq composite was down 117.59 factors at 11,364.86.

Read extra:

Inflation pushed by earnings in few sectors, together with oil and gasoline: report

The Canadian greenback traded for 74.20 cents US in contrast with 74.44 cents US on Thursday.

The January crude oil contract was up 14 cents at US$81.36 per barrel and the January pure gasoline contract was down 14 cents at US$6.60 per mmBTU.

Story continues under commercial

The February gold contract was down US$14.70 at US$1,800.50 an oz and the March copper contract was down lower than a penny at US$3.82 a pound.


Click to play video: 'Natural disasters cost B.C. economy up to $17B in 2021 says new report'


Natural disasters price B.C. economic system as much as $17B in 2021 says new report


&copy 2022 The Canadian Press