S&P/TSX composite down Monday, U.S. markets also move lower
Written by The Canadian Press on December 9, 2024
TORONTO — Canada’s main stock index moved lower Monday, led by losses in technology and utilities stocks, while U.S. stock markets were also down.
The S&P/TSX composite index closed down 66.38 points at 25,625.42.
In New York, the Dow Jones industrial average was down 240.59 points at 44,401.93. The S&P 500 index was down 37.42 points at 6,052.85, while the Nasdaq composite was down 123.08 points at 19,736.69.
The Canadian dollar traded for 70.77 cents US compared with 70.74 cents US on Friday.
The January crude oil contract was up US$1.17 at US$68.37 per barrel and the January natural gas contract was up 11 cents at US$3.18 per mmBTU.
The February gold contract was up US$26.20 at US$2,685.80 an ounce and the March copper contract was up eight cents at US$4.28 a pound.
This report by The Canadian Press was first published Dec. 9, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press