S&P/TSX composite down, U.S. markets also fall in broad-based pullback

TORONTO – Canada’s main stock index suffered a broad-based pullback on the final Monday of 2024, while U.S. markets also fell.

The S&P/TSX composite index was down 175.81 points at 24,620.59.

In New York, the Dow Jones industrial average was down 418.48 points at 42,573.73. The S&P 500 index was down 63.90 points at 5,906.94, while the Nasdaq composite was down 235.25 points at 19,486.79.

The Canadian dollar traded for 69.55 cents US compared with 69.37 cents US on Friday.

The February crude oil contract was up 39 cents at US$70.99 per barrel and the February natural gas contract was up 56 cents at US$3.94 per mmBTU.

The February gold contract was down US$13.80 at US$2,618.10 an ounce and the March copper contract was down three cents at US$4.09 a pound.

This report by The Canadian Press was first published Dec. 30, 2024.

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

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