16.9 C
New York
September 30, 2026
Worship Media
Business

TSX and U.S. stock markets retreat on reported jump in novel coronavirus cases

TORONTO — Canada’s main stock index retreated as reported jump in novel coronavirus cases pulls down energy sector.

The S&P/TSX composite index was down 13.85 points at 17,819.00.

In New York, the Dow Jones industrial average lost 123.54 points at 29,427.88. The S&P 500 index was down 6.21 points at 3,373.24, while the Nasdaq composite was down 17.36 points at 9,708.60.

The Canadian dollar traded for 75.44 cents US compared with an average of 75.41 cents US on Wednesday.

The March crude contract was up 24 cents at US$51.65 per barrel and the March natural gas contract was down 0.3 of a cent at US$1.84 per mmBTU.

The April gold contract was up US$6.20 at US$1,577.80 an ounce and the March copper contract was up 1.9 cents at US$2.62 a pound.

This report by The Canadian Press was first published Feb. 13, 2020

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/tsx-and-u-s-stock-markets-retreat-on-reported-jump-in-novel-coronavirus-cases-1.4809782

Related posts

Alibaba fined $2.8 billion on monopoly charge in China

CTV News

Technology rebound leads stocks higher on Wall Street

CTV News

COVID-19 caused permanent shift to digital payments: Visa CEO

CTV News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy