S&P/TSX composite down 200 points, U.S. stock markets slide
Written by The Canadian Press on February 27, 2025
TORONTO — Canada’s main stock index fell 200 points Thursday amid widespread weakness, while U.S. stock markets slid in the afternoon after a mixed trading day, led by a 2.8 per cent decline on the Nasdaq.
The S&P/TSX composite index closed down 200.12 points at 25,128.24.
In New York, the Dow Jones industrial average was down 193.62 points at 43,239.50. The S&P 500 index was down 94.49 points at 5,861.57, while the Nasdaq composite was down 530.85 points at 18,544.42.
The Canadian dollar traded for 69.34 cents US compared with 69.74 cents US on Wednesday.
The April crude oil contract was up US$1.73 at US$70.35 per barrel and the April natural gas contract was down three cents at US$3.93 per mmBTU.
The April gold contract was down US$34.70 at US$2,895.90 an ounce and the May copper contract was up three cents at US$4.62 a pound.
This report by The Canadian Press was first published Feb. 27, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD
The Canadian Press