Base metals and tech drag S&P/TSX composite down

Pedestrians walk past Scotia Plaza in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler





Pedestrians walk past Scotia Plaza in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler

Canada’s main stock index was in the red in late-morning trading, with the most pressure coming from base metal and technology stocks.

The S&P/TSX composite index was down 190.01 points at 20,841.80

In New York, the Dow Jones industrial average was down 345.04 points at 32,903.24. The S&P 500 index was down 68.82 points at 4,108.00 while the Nasdaq composite was down 318.56 points at 11,998.34.

The Canadian dollar traded for 79.47 cents US compared with 79.38 cents US on Thursday.

The July crude oil contract was up US$2.40 at US$119.27 per barrel and the July natural gas contract was up 3.5 cents at US$8.52 per mmBTU.

The August gold contract was down US$15.60 cents at US$1,855.8 an ounce and the August copper contract was down 8 cents at US$4.47 a pound.

This report by The Canadian Press was first published June 3, 2022.

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



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