S&P/TSX composite down more than 200 points in late-morning trading



Losses in the vitality sector helped lead a broad decline as Canada’s predominant stock index was down more than 200 points in late-morning trading, whereas U.S. stock markets have been blended.

The S&P/TSX composite index was down 249.72 points at 18,333.41.

In New York, the Dow Jones industrial common was up 149.80 points at 29,352.68. The S&P 500 index was down 10.51 points at 3,601.88, whereas the Nasdaq composite was down 64.31 points at 10,477.79.

The Canadian greenback traded for 72.57 cents US in contrast with 72.93 cents US on Friday.

The November crude contract was down US$1.47 at US$89.66 per barrel and the November pure fuel contract was up two cents at US$6.45 per mmBTU.

The December gold contract was up US$2.70 at US$1,677.90 an oz. and the December copper contract was up much less than a penny at US$3.43 a pound.

This report by The Canadian Press was first revealed Oct. 11, 2022


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