S&P/TSX composite and U.S. markets down; tech stocks fall

The Canadian Press
S&P/TSX composite and U.S. markets down; tech stocks fall

TORONTO — Canada’s main stock index fell more than 90 points Tuesday, dragged down by losses in the tech sector as U.S. markets also declined.

The S&P/TSX composite index was down 90.87 points at 19,578.30.

In New York, the Dow Jones industrial average was down 58.13 points at 32,774.41. The S&P 500 index was down 17.59 points at 4,122.47, while the Nasdaq composite was down 150.53 points at 12,493.93.

The Canadian dollar traded for 77.64 cents US compared with 77.78 cents US on Monday.

The September crude contract was down 26 cents at US$90.50 per barrel and the September natural gas contract was up 24 cents at US$7.83.

The December gold contract was up US$7.10 at US$1812.30 an ounce and the September copper contract was down less than one cent at US$3.59 a pound.

This report by The Canadian Press was first published Aug. 9, 2022.

Companies in this story: (TSX:GSPTSE, TSX_CADUSD=X)

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