Tech reviews

Tech sector leads broad decline on Toronto stock market, U.S. markets also down


TORONTO — Canada’s main stock index posted a triple-digit decline in early trading in a broad-based decline led by losses in the technology sector, while U.S. stock markets also fell.

The S&P/TSX composite index was down 212.11 points at 18,280.61.

In New York, the Dow Jones industrial average was down 94.79 points at 31,427.96. The S&P 500 index was down 26.01 points at 3,906.58, while the Nasdaq composite was down 121.29 points at 13,926.21.

The Canadian dollar traded for 78.51 cents US compared with 78.84 cents US on Tuesday.

The March crude oil contract was down 24 cents at US$59.81 per barrel and the March natural gas contract was down three cents at US$3.10 per mmBTU.

The April gold contract was down US$20.20 at US$1,778.80 an ounce and the March copper contract was down three cents at US$3.80 a pound.

This report by The Canadian Press was first published Feb. 17, 2021.

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

© Copyright Weyburn Review





READ SOURCE

READ  Sony LSPX-S2 Glass Sound Speaker hands on review

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.