TORONTO — Canada’s main stock index moved lower Wednesday, weighed down by losses in base metals, while U.S. markets reversed their earlier gains to end in the red.

The S&P/TSX composite index closed down 54.76 points at 24,507.79.

In New York, the Dow Jones industrial average was down 91.51 points at 42,141.54. The S&P 500 index was down 19.25 points at 5,813.67, while the Nasdaq composite was down 104.82 points at 18,607.93.

The Canadian dollar traded for 71.86 cents US compared with 71.89 cents US on Tuesday.

The December crude oil contract was up US$1.40 at US$68.61 per barrel and the December natural gas contract was down a penny at US$2.85 per mmBTU.

The December gold contract was up US$19.70 at US$2,800.80 an ounce and the December copper contract was down a penny at US$4.35 a pound.

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

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

The Canadian Press