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S&P/TSX composite closes down more than 150 points, U.S. stock markets also sink

TORONTO — Canada's main stock index closed down more than 150 points Friday, weighed down by losses in the energy sector, while U.S. stock markets also fell. The S&P/TSX composite index closed down 158.99 points at 24,890.68.
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Bank towers are pictured in the financial district in Toronto, Friday, Sept. 8, 2023. THE CANADIAN PRESS/Andrew Lahodynskyj

TORONTO — Canada's main stock index closed down more than 150 points Friday, weighed down by losses in the energy sector, while U.S. stock markets also fell.

The S&P/TSX composite index closed down 158.99 points at 24,890.68.

In New York, the Dow Jones industrial average ended down 305.87 points at 43,444.99. The S&P 500 index was down 78.55 points at 5,870.62, while the Nasdaq composite was down 427.53 points at 18,680.12.

The Canadian dollar traded for 71.03 cents US compared with 71.29 cents US on Thursday.

The December crude oil contract was down US$1.68 at US$67.02 per barrel and the December natural gas contract was up four cents at US$2.82 per mmBTU.

The December gold contract was down US$2.80 at US$2,570.10 an ounce and the December copper contract was down two cents at US$4.07 a pound.

This report by The Canadian Press was first published Nov. 15, 2024.

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

The Canadian Press