S&P/TSX composite down more than 250 points, U.S. stock markets also negative
Résumé détaillé
Canada’s main stock index lost more than 250 points on Tuesday, weighed down by losses in the basic materials sector, while U.S. markets also lost ground.
TORONTO — Canada’s main stock index was down nearly 300 points in late-morning trading, weighed down by losses in the base metals sector, while U.S. stock markets also fell.
In New York, the Dow Jones industrial average was down 360.62 points at 52,029.13. The S&P 500 index was down 56.01 points at 7,493.93, while the Nasdaq composite was down 249.00 points at 25,004.14.
The Canadian dollar traded for 70.40 cents US compared with 70.81 cents US on Monday.
The December crude oil contract was down US$1.14 at US$85.71 per barrel.
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