TORONTO — Canada’s energy-heavy main stock index sank further into the red on Tuesday, weighed down by retreating oil prices.

The S&P/TSX composite index closed down 30.20 points at 24,072.51.

In New York, the Dow Jones industrial average was up 126.13 points at 42,080.37. The S&P 500 index was up 55.19 points at 5,751.13, while the Nasdaq composite was up 259.01 points at 18,182.92.

The Canadian dollar traded for 73.22 cents US compared with 73.48 cents US on Monday.

The October crude oil contract was down US$3.57 at US$73.57 per barrel and the November natural gas contract was down two cents at US$2.73 per mmBTU.

The December gold contract was down US$30.60 at US$2,635.40 an ounce and the December copper contract was down 11 cents at US$4.46 a pound.

This report by The Canadian Press was first published Oct. 8, 2024.

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

The Canadian Press