S&P/TSX composite down more than 100 points, U.S. stocks also fall
Written by The Canadian Press on February 20, 2025
TORONTO — Canada’s main stock index lost more than 100 points Thursday, weighed down by losses in technology and industrials, while U.S. stock markets also fell.
The S&P/TSX composite index closed down 112.08 points at 25,514.08.
In New York, the Dow Jones industrial average fell 450.94 points at 44,176.65. The S&P 500 index was down 26.63 points at 6,117.52, while the Nasdaq composite was down 93.89 points at 19,962.36.
The Canadian dollar traded for 70.48 cents US compared with 70.31 cents US on Wednesday.
The April crude oil contract was up 38 cents at US$72.48 per barrel and the March natural gas contract was down 13 cents at US$4.15 per mmBTU.
The April gold contract was up US$20 at US$2,956.10 an ounce and the March copper contract was up five cents at US$4.61 a pound.
This report by The Canadian Press was first published Feb. 20, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press