Decline in S&P/TSX Composite and U.S. Stocks Mirrored

Canada’s main stock index experienced a decline in late-morning trading, in line with the downturn in U.S. markets.

The S&P/TSX composite index was down 107.90 points at 20,518.74.

In New York, the Dow Jones industrial average was down 12.60 points at 35,546.89. The S&P 500 index was down 13.25 points at 4,575.71, while the Nasdaq composite was down 68.57 points at 14,277.45.

The Canadian dollar was trading at 75.22 cents US compared with 75.81 cents US on Monday.

The September crude oil contract was down 91 cents at US$80.88 per barrel and the September natural gas contract was down seven cents at US$2.55 per mmBTU.

The December gold contract was down US$28.40 at US$1980.80 an ounce and the September copper contract was down nine cents at US$3.91 a pound.

© 2023 The Canadian Press

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