Current track

Title

Artist


S&P/TSX composite closes down on broad losses led by tech, U.S. markets mixed

Written by on July 17, 2024

TORONTO — Canada’s main stock index closed down Wednesday in broad-based losses led by technology and base metals while U.S. stock markets were mixed.

The S&P/TSX composite index ended down 144.22 points at 22,851.17.

In New York, the Dow Jones industrial average was up 243.60 points at 41,198.08. The S&P 500 index was down 78.93 points at 5,588.27, while the Nasdaq composite was down 512.42 points, or 2.8 per cent, at 17,996.92.

The Canadian dollar traded for 73.07 cents US, unchanged from Tuesday.

The September crude oil contract was up $2.73 at US$82.44 per barrel and the August natural gas contract was down 15 cents at US$2.04 per mmBTU.

The August gold contract was down US$7.90 at US$2,459.90 an ounce and the September copper contract was down four cents at US$4.41 a pound.

This report by The Canadian Press was first published July 17, 2024.

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

The Canadian Press