TORONTO – Canada’s main stock index fell in late-morning trading as strength in the energy sector was offset by losses in technology stocks, while U.S. stock markets also moved lower.
The S&P/TSX composite index was down 17.80 points at 23,982.57.
In New York, the Dow Jones industrial average was down 262.49 points at 42,067.66. The S&P 500 index was down 74.28 points at 5,688.20, while the Nasdaq composite was down 388.24 points at 17,800.93.
The Canadian dollar traded for 74.05 cents US compared with 74.08 cents US on Friday.
The November crude oil contract was up US$2.62 at US$70.79 per barrel and the November natural gas contract was down six cents at US$2.86 per mmBTU.
The December gold contract was up US$16.10 at US$2,675.50 an ounce and the December copper contract was up at penny at US$4.56 a pound.
This report by The Canadian Press was first published Oct. 1, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
