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S&P/TSX Composite Index down more than 100 points, one day after breaking record

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Canada’s main stock index took a breather on Friday, closing down more than 100 points a day after setting a new all-time closing high.

The S&P/TSX Composite Index closed down 103.18 points at 21,984.08.

In New York, the Dow Jones industrial average fell 305.47 points to 39,475.90. The S&P 500 index fell 7.35 points to 5,234.18, while the Nasdaq Composite Index rose 26.98 points to 16,428.82.

The Canadian dollar traded at 73.57 US cents compared to 73.94 US cents on Thursday.

The May crude oil contract was down 44 cents at US$80.63 per barrel and the May natural gas contract was down two cents at US$1.81 per mmBTU.

The April gold contract was down US$24.70 at US$2,160 an ounce and the May copper contract was down five cents at US$4.01 a pound.


This report by The Canadian Press was first published March 22, 2024.

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