S&P/TSX composite down 124 points on hot inflation data



Canada’s major stock index ended down greater than 100 points on Canadian inflation data that was increased than traders had hoped, whereas U.S. markets have been additionally down.

The S&P/TSX composite index was down 123.78 points at 18,674.40.

In New York, the Dow Jones industrial common was down 99.99 points at 30,423.81. The S&P 500 index was down 24.82 points at 3,695.16, whereas the Nasdaq composite was down 91.89 points at 10,680.51.

The Canadian greenback traded for 72.57 cents US, in contrast with 72.70 cents US on Tuesday.

The December crude contract was up $2.45 at US$84.52 per barrel and the November pure fuel contract was down 28.3 cents at US$5.46 per mmBTU.

The December gold contract was down US$21.60 to US$1,634.20 an oz and the December copper contract was down 4.4 cents at US$3.32 a pound.

This report by The Canadian Press was first printed Oct. 19, 2022.


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