S&P/TSX Composite down more than 100 points, US stock market even lower IG News

IG news Update,

Canada’s main stock index was down more than 100 points on losses in the industrial and technology sectors, while the US stock market also fell.

The S&P/TSX Composite Index was down 126.15 points at 19,058.39.

In New York, the Dow Jones Industrial Average fell 144.34 points to close at 30,039.44. The S&P 500 index was down 36.98 points at 3,752.95, while the Nasdaq Composite was down 184.91 points at 11,035.28.

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Canada and US stock markets fall after the decision of the US Federal Reserve

The Canadian dollar traded for 74.09 cents US, compared to 74.64 cents US on Wednesday.

The November crude contract was up 53 cents at US$83.47 a barrel and the October natural gas contract was down 23 cents at US$7.55 per mmBtu.

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The December gold contract was up by USD 4.70 at USD 1,680.40 an ounce and the December copper contract was up by a paise at USD 3.48 per pound.

© 2022 Canadian Press

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