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

TORONTO — Canada’s main stock index fell in late-morning trading, weighed down by losses in base metal stocks, while U.S. stock markets pushed higher.

The S&P/TSX composite index was down 63.50 points at 24,499.05.

In New York, the Dow Jones industrial average was up 123.16 points at 42,356.21. The S&P 500 index was up 6.44 points at 5,839.36, while the Nasdaq composite was up 22.82 points at 18,735.57.

The Canadian dollar traded for 71.83 cents US compared with 71.89 cents US on Tuesday.

The December crude oil contract was up US$1.36 at US$68.57 per barrel and the December natural gas contract was down a penny at US$2.85 per mmBTU.

The December gold contract was up US$4.30 at US$2,785.40 an ounce and the December copper contract was down a penny at US$4.35 a pound.

This report by The Canadian Press was first published Oct. 30, 2024.

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

The Canadian Press