S&P/TSX composite down nearly 100 points, U.S. stock markets also trade lower



Canada’s predominant stock index was down nearly 100 factors in late-morning buying and selling, weighed down by losses within the base metallic and vitality sectors, whereas U.S. stock markets have been also within the pink.

The S&P/TSX composite index was down 98.22 factors at 18,515.41.

In New York, the Dow Jones industrial common was down 102.25 factors at 29,936.47. The S&P 500 index was down 38.68 factors at 3,631.23, whereas the Nasdaq composite was down 172.34 factors at 10,476.81.

The Canadian greenback traded for 72.06 cents US in contrast with 72.43 cents US on Thursday.

The November crude contract was down US$3.01 at US$86.10 per barrel and the November pure gasoline contract was down 23 cents at US$6.52 per mmBTU.

The December gold contract was down US$22.90 at US$1,654.10 an oz. and the December copper contract was down a penny at US$3.43 a pound.

This report by The Canadian Press was first revealed Oct. 14, 2022


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