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S&P/TSX composite inches downward, U.S. markets also dip

Written by on October 15, 2024

TORONTO — Canada’s main stock index nudged down in late-morning trading, while U.S. stock markets also slipped.

The S&P/TSX composite index dipped by 32.93 points to 24,438.24.

In New York, the Dow Jones industrial average was down 84.99 points at 42,980.23. The S&P 500 index was down 20.99 points at 5,838.86, while the Nasdaq composite was down 148.81 points at 18,353.87.

The Canadian dollar traded for 72.46 cents US compared with 72.67 cents on Friday.

The November crude contract was down US$3.77 at US$70.06 per barrel and the November natural gas contract was up four cents at US$2.53 per mmBTU.

The December gold contract was up US$11.80 at US$2,677.40 an ounce and the December copper contract was down six cents at US$4.34 a pound.

This report by The Canadian Press was first published Oct. 15, 2024.

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

The Canadian Press