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S&P/TSX composite down as tech sector pulls back, U.S. stock markets mixed

TORONTO –

Canada’s main stock index pulled back from its record high close on Thursday as losses in the technology sector weighed on the Toronto Stock Exchange, while U.S. stock markets also fell.

The S&P/TSX composite index was down 23.63 points at 21,188.76.

In New York, the Dow Jones industrial average was down 7.41 points at 35,595.67. The S&P 500 index was down 13.40 points at 4,536.38, while the Nasdaq composite was down 145.65 points at 15,070.05.

The Canadian dollar traded for 80.88 cents US compared with 80.97 cents US on Thursday.

The December crude oil contract was up 43 cents at US$82.93 per barrel and the December natural gas contract was up nine cents at US$5.44 per mmBTU.

The December gold contract was up US$32.20 at US$1,814.10 an ounce and the December copper contract was down five cents at US$4.51 a pound.

This report by The Canadian Press was first published Oct. 22, 2021.

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/s-p-tsx-composite-down-as-tech-sector-pulls-back-u-s-stock-markets-mixed-1.5634311

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