Global News on Nostr: S&P/TSX composite down almost 300 points, U.S. stock markets also drop ========== The ...
S&P/TSX composite down almost 300 points, U.S. stock markets also drop
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The S&P/TSX composite index closed down 297.08 points at 21,714.54. In New York, the Dow Jones industrial average was down 570.17 points at 37,815.92. The S&P 500 index was down 80.48 points at 5,035.69, while the Nasdaq composite was down 325.26 points at 15,657.82. It was the U.S. market’s worst month since September, with the S&P 500 down 1.6 per cent, the Dow down 1.5 per cent, and the Nasdaq losing two per cent. A new report showed that pay and benefits for U.S. workers grew more quickly in the first three months of 2024, a trend that could contribute to higher inflation. The June crude contract was down 70 cents at US$81.93 per barrel and the June natural gas contract was down four cents at US$1.99 per 1,000 cubic feet. The June gold contract was down US$54.80 at US$2,302.90 an ounce and the July copper contract was down 12 cents at US$4.56 a pound.
#S&p/tsxComposite #StockMarkets #Economy #InterestRates #Inflation #UsFederalReserve #Gdp #Earnings #CanadianDollar #CrudeOil #Gold #Copper
https://globalnews.ca/news/10460848/sp-tsx-composite-april-30-2024/
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The S&P/TSX composite index closed down 297.08 points at 21,714.54. In New York, the Dow Jones industrial average was down 570.17 points at 37,815.92. The S&P 500 index was down 80.48 points at 5,035.69, while the Nasdaq composite was down 325.26 points at 15,657.82. It was the U.S. market’s worst month since September, with the S&P 500 down 1.6 per cent, the Dow down 1.5 per cent, and the Nasdaq losing two per cent. A new report showed that pay and benefits for U.S. workers grew more quickly in the first three months of 2024, a trend that could contribute to higher inflation. The June crude contract was down 70 cents at US$81.93 per barrel and the June natural gas contract was down four cents at US$1.99 per 1,000 cubic feet. The June gold contract was down US$54.80 at US$2,302.90 an ounce and the July copper contract was down 12 cents at US$4.56 a pound.
#S&p/tsxComposite #StockMarkets #Economy #InterestRates #Inflation #UsFederalReserve #Gdp #Earnings #CanadianDollar #CrudeOil #Gold #Copper
https://globalnews.ca/news/10460848/sp-tsx-composite-april-30-2024/