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A sign board displays the TSX outside the Richmond Adelaide Centre in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler
TORONTO – Canada’s main stock index slid in late-morning trading amid a widespread dip across nearly all sectors while U.S. stocks also dropped after Monday’s Memorial Day closure.
The S&P/TSX composite index was down 179.48 points at 20,739.92.
In New York, the Dow Jones industrial average was down 288.80 points at 32,924.16. The S&P 500 index was down 38.00 points at 4,120.24 while the Nasdaq composite was down 85.70 at 12,045.43.
The Canadian dollar traded for 79.06 cents US compared with 78.97 cents US on Monday.
The July crude oil contract was up US$1.77 from Friday’s settled price at US$116.84 per barrel and the July natural gas contract was down 24.9 cents at US$8.48 per mmBTU.
The August gold contract was down US$10.50 at US$1,846.80 an ounce and the July copper contract was down 1.7 cents at US$4.29 a pound.
This report by The Canadian Press was first published May 31, 2022.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X).
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