S&P/TSX composite down more than 100 points, U.S. stock markets mixed

TORONTO –

Canada’s essential inventory index was down greater than 100 factors in late-morning buying and selling as losses within the base steel, power and expertise shares weighed available on the market, whereas U.S. inventory markets put in a blended exhibiting.

The S&P/TSX composite index was down 154.72 factors at 20,121.04.

In New York, the Dow Jones industrial common was up 30.47 factors at 33,432.85. The S&P 500 index was down 18.63 factors at 4,081.97, whereas the Nasdaq composite was down 160.01 factors at 11,966.32.

The Canadian greenback traded for 74.28 cents US in contrast with 74.37 cents US on Tuesday.

The May crude contract was down 28 cents at US$80.43 per barrel and the May pure fuel contract was up three cents at US$2.13 per mmBTU.

The June gold contract was down US$2.10 at US$2,036.10 an oz and the May copper contract was down lower than a penny at US$3.97 a pound.

This report by The Canadian Press was first printed April 5, 2023