S&P/TSX Composite Index climbs higher in late morning, US stock markets down

TORONTO – Canada’s main stock index climbed into record territory as gains in the energy and base metals sectors were partially offset by a decline in the financials sector, while U.S. stock markets fell .

The S&P/TSX Composite Index gained 3.46 points to 22,077.81.

In New York, the Dow Jones Industrial Average was down 243.25 points to 34,564.21. The S&P 500 index fell 15.06 points to 4,496.55, while the Nasdaq composite fell 16.85 points to 14,091.97.

The Canadian dollar was trading at 79.68 cents US against 79.44 cents US on Tuesday.

The May crude contract rose US$5.64 to US$114.91 per barrel and the April natural gas contract rose 11 cents to US$5.30 per mmBTU.

The April gold contract rose US$10.20 to US$1,931.70 per ounce and the May copper contract rose 6 cents to US$4.76 per pound.

This report from The Canadian Press was first published on March 23, 2022.

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

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