TORONTO –
Canada’s main stock index posted a triple-digit decline in late-morning trading amid losses in the technology sector, while U.S. stock markets also fell to start the trading week.
The S&P/TSX composite index was down 176.29 points at 20,908.16 points.
In New York, the Dow Jones industrial average was down 431.03 points at 35,800.63. The S&P 500 index was down 66.18 points at 4,610.85, while the Nasdaq composite was down 293.10 points at 14,642.80.
The Canadian dollar traded for 78.88 cents US compared with 78.95 cents US on Friday.
The February crude oil contract was down 47 cents at US$78.43 per barrel and the February natural gas contract was up eight cents at US$3.99 per mmBTU.
The February gold contract was down US$3.50 at US$1,793.90 an ounce and the March copper contract was down six cents at US$4.35 a pound.
This report by The Canadian Press was first published Jan. 10, 2022.
