S&P/TSX composite little changed in late-morning trading, U.S. stocks down
Canada's principal stock index, the S&P/TSX composite, registered little change during late-morning trading, with losses in base metal and technology stocks being counterbalanced by gains in the utility and telecom sectors. The index closed at 36,137.81. Meanwhile, U.S. stocks saw a decline, with the Dow Jones industrial average falling 124.53 points to 52,172.56, and the S&P 500 dropping 73.48 points to 7,518.92.
The Nasdaq composite also experienced a drop of 432.15 points, settling at 24,933.94. The Canadian dollar was trading at 70.16 cents US, while the December crude oil contract rose by 35 cents to US$89.09 per barrel. Gold prices decreased by 3.60, reaching US$3,881.70 per ounce.
Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
