Canadian and US markets drop Wednesday after 2 days of optimism

Markets in Canada and the US fell slightly on Wednesday after two days of optimism at the start of the fourth quarter, as virtually everything other than oil reversed early week gains.

S&P /TSX The composite index fell 135.90 points to 19,235.09 after gaining nearly 500 points on Tuesday.

In New York, the Dow Jones Industrial Average fell 42.45 points to 30,273.87. The S&P 500 fell 7.65 points to 3,783.28, while the Nasdaq composite fell 27.77 points to 11,148.64

The Canadian dollar traded for 73.31 US cents versus 73.67 US cents on Tuesday.

The November crude contract was up $1.24 at $87.76 a barrel and the November natural gas contract was up 9 cents at $6.93 per mmBTU.

The story continues below the ad

The gold contract for December delivery was down $9.70 at $1,720.80 an ounce and the December contract was up 1 cent at $3.50 a pound.

© 2022 Canadian Press


News5s: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button