S&P/TSX composite down in late-morning buying and selling, U.S. inventory markets additionally tumble

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S&P/TSX composite down in late-morning buying and selling, U.S. inventory markets additionally tumble


TORONTO –


Canada’s primary inventory index posted a triple-digit decline in late-morning buying and selling amid losses within the know-how sector, whereas U.S. inventory markets additionally fell to start out the buying and selling week.

The S&P/TSX composite index was down 176.29 factors at 20,908.16 factors.

In New York, the Dow Jones industrial common was down 431.03 factors at 35,800.63. The S&P 500 index was down 66.18 factors at 4,610.85, whereas the Nasdaq composite was down 293.10 factors at 14,642.80.

The Canadian greenback traded for 78.88 cents US in contrast with 78.95 cents US on Friday.

The February crude oil contract was down 47 cents at US$78.43 per barrel and the February pure gasoline contract was up eight cents at US$3.99 per mmBTU.

The February gold contract was down US$3.50 at US$1,793.90 an oz. and the March copper contract was down six cents at US$4.35 a pound.

This report by The Canadian Press was first revealed Jan. 10, 2022.



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