TORONTO – Losses in the tech sector led Canada’s main stock index lower in late-morning trading on Friday, while U.S. stock markets also fell.
The S&P/TSX composite index was down 93.03 points at 24,753.79.
In New York, the Dow Jones industrial average was down 437.35 points at 42,888.45. The S&P 500 index was down 86.37 points at 5,951.22, while the Nasdaq composite was down 402.43 points at 19,617.93.
The Canadian dollar traded for 69.39 cents US compared with 69.51 cents US on Tuesday.
The February crude oil contract was up 66 cents at US$70.28 per barrel and the February natural gas contract was up five cents at US$3.37 per mmBTU.
The February gold contract was down US$19.70 at US$2.634.20 an ounce and the March copper contract was down less than a penny at US$4.12 a pound.
This report by The Canadian Press was first published Dec. 27, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)