The S&P/TSX composite fell more than 100 points, with U.S. stock markets mixed

TORONTO – Canada's main stock index fell more than 100 points in morning trade, led by losses in the telecoms, financials and utilities sectors, while U.S. stock markets were mixed.

The S&P/TSX composite was down 141.75 points at 20,827.43.

In New York, the Dow Jones industrial average fell 117.70 points to 38,559.66. The S&P 500 was down 3.77 points at 4,991.29, while the Nasdaq Composite was up 47.66 points at 15,804.30.

The Canadian dollar traded at 74.26 cents on Wednesday, compared with 74.24 US cents.

The March oil contract rose $1.43 to $75.29 a barrel, while the March natural gas contract fell five cents to $1.92 per mmBTU.

The April gold contract was down $5.90 at $2,045.80 an ounce, while the March copper contract was down five cents at $3.69 a pound.

This report by The Canadian Press was first published on February 8, 2024.

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

Canadian Press