Canada’s main stock index continued its downward trend on Thursday after recent success from a few days ago. The materials sector weighed on the TSX as copper prices fell, adding to declines sustained in an otherwise broad-based drop where only the telecom market saw any growth.
The tech-heavy Nasdaq followed up its worst performance since 2022 in the previous session with another dive into the red along with the other two main indices.
The Canadian dollar traded for 72.91 cents U.S. compared with 73.05 cents U.S. on Wednesday.
U.S. crude futures traded $0.52 lower at $82.33 a barrel, and the Brent contract lost $0.37 to $84.71 a barrel.
The price of gold was down US$17.68 to US$2,443.70.
In world markets, the Nikkei was down 971.34 points to 40,126.35, the Hang Seng was up 39.00 points to 17,778.41, the FTSE was up 17.43 points to 8,204.89, and the DAX was down 82.54 points to 18,354.76.
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(Top image: File)