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

TORONTO –

Canada’s primary inventory index was down in late-morning buying and selling, pulled decrease by losses within the monetary, industrial and utility sectors, whereas U.S. inventory markets additionally fell.

The S&P/TSX composite index was down 37.38 factors at 20,664.85.

In New York, the Dow Jones industrial common was down 179.25 factors at 34,066.68. The S&P 500 index was down 12.80 factors at 4,124.49, whereas the Nasdaq composite was down 16.78 factors at 11,875.01.

The Canadian greenback traded for 74.94 cents US in contrast with 74.95 cents US on Monday.

The March crude contract was down US$1.13 at US$79.01 per barrel and the March pure fuel contract was up 14 cents at US$2.54 per mmBTU.

The April gold contract was up US$1.70 at US$1,865.20 an oz and the March copper contract was up a penny at US$4.07 a pound.

This report by The Canadian Press was first revealed Feb. 14, 2023