Canadian and U.S. stock markets recover partially after significant drop By Investing.com

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Canadian and U.S. stock markets recover partially after significant drop

Published Sep 22, 2023 05:05PM ET

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Canadian and U.S. stock markets recover partially after significant drop

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On Friday, Canada's primary stock index, the S&P/TSX composite, closed with a minor decline of 11.65 points at 19,779.97, following a substantial loss of over 400 points the previous day. Concurrently, U.S. stock markets also experienced a downturn. The Dow Jones industrial average fell by 106.58 points to reach 33,963.84, while the S&P 500 index dropped by 9.94 points to stand at 4,320.06 and the Nasdaq composite declined by 12.18 points to settle at 13,211.81.

Earlier in the day, broad-based but shallow strength had helped lift Canada's main stock index modestly higher in late-morning trading. The S&P/TSX composite index was up by 54.49 points at 19,846.11 during this period.

In terms of commodities, the November crude contract was up by $0.40 at $90.03 per barrel and the November natural gas contract rose by $0.04 to reach $2.88 per mmBTU on Friday. The December gold contract increased by $6.00 to stand at $1,945.60 an ounce while the December copper contract remained unchanged at $3.70 a pound.

The Canadian dollar traded for 74.20 US cents on Friday, compared with 74.15 US cents on Thursday.

Meanwhile in Seoul, South Korea on Friday, a currency trader was seen passing by screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between the U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Comments (1)

Chaw Chit Sep 24, 2023 11:04PM ET

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US 30	35,475.6	+58.6	+0.17%
US 500	4,567.9	+13.0	+0.29%
Dow Jones	35,478.01	+61.03	+0.17%
S&P 500	4,568.14	+13.25	+0.29%
Nasdaq	14,325.10	+43.34	+0.30%
S&P 500 VIX	12.84	+0.15	+1.18%
Dollar Index	102.855	+0.206	+0.20%

Crude Oil WTI	76.34	-0.07	-0.09%
Brent Oil	81.31	-0.16	-0.20%
Natural Gas	2.829	-0.008	-0.28%
Gold	2,042.50	+2.50	+0.12%
Silver	25.085	+0.150	+0.60%
Copper	3.8377	-0.0018	-0.05%
US Soybeans	1,344.25	-1.75	-0.13%

U.S. 10Y	4.287	-0.047	-1.08%
U.S. 30Y	4.483	-0.041	-0.90%
U.S. 5Y	4.240	-0.046	-1.07%
U.S. 3M	5.412	-0.013	-0.24%
US 10Y T-Note	109.80	+0.27	+0.24%
Euro Bund	132.57	+0.63	+0.48%
10-2 Yield Spread	-42.18	+0.00	+0.00%

Apple	190.70	+0.30	+0.16%
Alphabet A	135.78	-1.42	-1.04%
Tesla	248.13	+1.41	+0.57%
Amazon.com	146.95	-0.08	-0.06%
Netflix	475.64	-3.36	-0.70%
Meta Platforms	332.30	-6.69	-1.97%
Bank of America	30.32	+0.79	+2.67%

Canadian and U.S. stock markets recover partially after significant drop

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