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

TORONTO –

Canada’s foremost inventory index edged decrease in late-morning buying and selling as losses within the monetary and expertise sectors weighed in opposition to beneficial properties within the power shares, whereas U.S. inventory markets have been within the crimson.

The S&P/TSX composite index was down 3.50 factors at 20,217.69.

In New York, the Dow Jones industrial common was down 130.68 factors at 32,526.02. The S&P 500 index was down 28.14 factors at 3,942.01, whereas the Nasdaq composite was down 105.20 factors at 11,350.34.

The Canadian greenback traded for 73.42 cents US in contrast with 73.48 cents US on Tuesday.

The April crude contract was up 46 cents at US$77.51 per barrel and the April pure gasoline contract was down 4 cents at US$2.71 per mmBTU.

The April gold contract was up US$10.20 at US$1,846.90 an oz and the May copper contract was up 5 cents at US$4.14 a pound.

This report by The Canadian Press was first revealed March 1, 2023