S&P/TSX composite down more than 100 points, U.S. stock markets trade higher

TORONTO — Canada’s main stock index was down more than 100 points in late-morning trading as the energy and base metal sectors pulled back, while U.S. stock markets climbed higher.

The S&P/TSX composite index was down 113.61 points at 18,890.43.

In New York, the Dow Jones industrial average was up 135.89 points at 30,619.02. The S&P 500 index was up 30.41 points at 3,790.30, while the Nasdaq composite was up 164.48 points at 11,217.56.

The Canadian dollar traded for 77.18 cents US compared with 77.27 cents US on Wednesday.

The August crude contract was down 97 cents at US$105.22 per barrel and the August natural gas contract was down 55 cents at US$6.32 per mmBTU.

The August gold contract was up US$3.70 at US$1,842.10 an ounce and the July copper contract was down 15 cents at US$3.79 a pound.

This report by The Canadian Press was first published June 23, 2022.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press

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Categorized as News

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