February 25, 2022

Tech sector helps lead S&P/TSX composite lower, U.S. stock markets mixed

Losses in the technology sector helped lead a broad-based decline for Canada’s main stock index in late-morning trading, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 62.19 points at 20,108.83.

In New York, the Dow Jones industrial average was up 110.59 points at 34,402.88. The S&P 500 index was up 1.82 points at 4,293.62, while the Nasdaq composite was down 15.40 points at 14,512.94.

The Canadian dollar traded for 80.77 cents US compared with 80.75 cents US on Tuesday.

The August crude oil contract was up 24 cents at US$73.22 per barrel and the August natural gas contract was down a penny at US$3.62 per mmBTU.

The August gold contract was up US$3.50 at US$1,767.10 an ounce and the September copper contract was up two cents at US$4.29 a pound.

This report by The Canadian Press was first published June 30, 2021.

Source link