TORONTO — Canada’s main stock index fell nearly 100 points in late-morning trading, weighed down by losses in the base metal and technology sectors, while U.S. stock markets also fell.
The S&P/TSX composite index was down 94.49 points at 24,728.05.
In New York, the Dow Jones industrial average was down 349.95 points at 42,925.96. The S&P 500 index was down 36.15 points at 5,828.52, while the Nasdaq composite was down 94.98 points at 18,394.57.
The Canadian dollar traded for 72.24 cents US compared with 72.45 cents US on Friday.
The December crude oil contract was up 73 cents at US$69.42 per barrel and the November natural gas contract was up seven cents at US$2.33 per mmBTU.
The December gold contract was up US$5.80 at US$2,735.80 an ounce and the December copper contract was down three cents at US$4.36 a pound.
This report by The Canadian Press was first published Oct. 21, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press