TORONTO — Canada's main stock index was down almost 150 points Monday with broad-based losses, while U.S. stock markets retreated further from last week's gains.
The S&P/TSX composite index was down 142.37 points at 20,572.11.
In New York, the Dow Jones industrial average was down 260.99 points at 33,717.09. The S&P 500 index was down 52.79 points, or 1.3 per cent, at 4,017.77,while the Nasdaq composite was down 227.90 points, or almost two per cent, at 11,393.81.
The Canadian dollar traded for 74.72 cents US, according to XE.com,compared with 75.11 cents US on Friday.
The March crude contract was down US$1.78 cents at US$77.90 per barreland the March natural gas contract was down 17 cents at US$2.68 per mmBTU.
The April gold contract was down US$6.40 at US$1,939.20 an ounce and the March copper contract was down two cents at US$4.20 a pound.
This report by The Canadian Press was first published Jan. 30, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
The Canadian Press