S&P/TSX composite index down in late-morning trading, U.S. stock markets also lower

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TORONTO – Canada’s main stock index was down in late-morning trading amid losses in the technology and base metal sectors, while U.S. stock markets also fell.

The S&P/TSX composite index was down 76.34 points at 20,828.94.

In New York, the Dow Jones industrial average was down 52.95 points at 33,075.84. The S&P 500 index was down 18.82 points at 4,156.66, while the Nasdaq composite was down 168.02 points at 12,395.74.

The Canadian dollar traded for 77.95 cents US compared with 77.84 cents US on Tuesday.

The June crude contract was up US$3.83 at US$106.24 per barrel and the June natural gas contract was up 37 cents at US$8.33 per mmBTU.

The June gold contract was down US$2.20 at US$1,868.40 an ounce and the July copper contract was up two cents at US$4.30 a pound.

This report by The Canadian Press was first published May 4, 2022.

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

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