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S&P/TSX composite edges lower Monday across sectors, U.S. stocks also slip

TORONTO — Canada's main stock index lost more than 100 points Monday on broad-based weakness while U.S. markets were also down, with the Nasdaq slipping one per cent. The S&P/TSX composite index was down 129.42 points at 20,628.92.
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The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, November 11, 2022. THE CANADIAN PRESS/Tijana Martin

TORONTO — Canada's main stock index lost more than 100 points Monday on broad-based weakness while U.S. markets were also down, with the Nasdaq slipping one per cent.

The S&P/TSX composite index was down 129.42 points at 20,628.92.

In New York, the Dow Jones industrial average was down 34.99 points at 33,891.02. The S&P 500 index was down 25.40 points at 4,111.08, while the Nasdaq composite was down 119.50 points at 11,887.45.

The Canadian dollar traded for 74.39 cents UScompared with 74.68 cents US on Friday.

The March crude contract was up 72 cents at US$74.11 per barrel and the March natural gas contract was up five cents at US$2.46 per mmBTU.

The April gold contract was up US$2.90 at US$1,879.50 an ounce and the March copper contract was down two cents at US$4.04 a pound.

This report by The Canadian Press was first published Feb. 6, 2023.

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

The Canadian Press