TORONTO – Canada’s main stock index fell in late-morning trading, weighed down by losses in the base metal and technology sectors, while U.S. stock markets also moved lower.
The S&P/TSX composite index was down 78.33 points at 23,181.63.
In New York, the Dow Jones industrial average was down 23.29 points at 41,227.21. The S&P 500 index was down 37.40 points at 5,588.40, while the Nasdaq composite was down 261.71 points at 17,493.11.
The Canadian dollar traded for 74.33 cents US compared with 74.29 cents US on Tuesday.
The October crude oil contract was down four cents at US$75.49 per barrel and the October natural gas contract was up a penny at US$2.09 per mmBTU.
The December gold contract was down US$12.40 at US$2,540.50 an ounce and the December copper contract was down seven cents at US$4.24 a pound.
This report by The Canadian Press was first published Aug. 28, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
