May 8, 2026
Worship Media
Business

North American stock markets bounce back from three-day tech-led correction

TORONTO — North American stock markets enjoyed a broadly based bounce-back midweek after a three-day correction driven by the technology sector.

The S&P/TSX composite index closed up 284.08 points at 16,383.60.

In New York, the Dow Jones industrial average was up 439.58 points at 27,940.47. The S&P 500 index gained 67.12 points at 3,398.96, while the Nasdaq composite was up 293.87 points at 11,141.56.

The Canadian dollar traded for 75.91 cents US compared with 75.81 cents US on Tuesday.

The October crude contract was up US$1.29 at US$38.05 per barrel and the October natural gas contract was up 0.6 of a cent at nearly US$2.41 per mmBTU.

The December gold contract was up US$11.70 at US$1,954.90 an ounce and the December copper contract was up 2.65 cents at US$3.05 a pound.

This report by The Canadian Press was first published Sept. 9, 2020.

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/north-american-stock-markets-bounce-back-from-three-day-tech-led-correction-1.5097331

Related posts

U.K., U.S. trade pact opposed with Trump, cows and pigs as props

CTV News

India police charge Amazon execs in alleged marijuana-smuggling case

CTV News

Bank of Canada warns of bumpy economic start to 2021 despite vaccine rollout

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