S&P/TSX composite drops 124 points based on hot inflation data

Canada’s main stock index ended down more than 100 points based on Canadian inflation data, higher than investors had hoped, while US markets also fell.

S&P /TSX The composite index fell 123.78 points to 18,674.40.

Read more:

S&P/TSX composite up more than 175 points, US markets also up on Tuesday

In New York, the Dow Jones Industrial Average fell 99.99 points to 30,423.81. The S&P 500 fell 24.82 points to 3,695.16, while the Nasdaq composite fell 91.89 points to 10,680.51.

The Canadian dollar traded for 72.57 US cents, compared with 72.70 US cents on Tuesday.

The crude oil contract for December delivery was up $2.45 at $84.52 a barrel and the November natural gas contract was down 28.3 cents at $5.46/mmBTU.

The story continues below the ad

The December gold contract fell $21.60 to $1,634.20 an ounce and the December contract fell 4.4 cents at $3.32 a pound.

& copy 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