TORONTO — Losses in the tech sector led Canada’s main stock index lower Friday, while U.S. stock markets also fell.

The S&P/TSX composite index ended down 50.42 points at 24,796.40.

In New York, the Dow Jones industrial average was down 333.59 points at 42,992.21. The S&P 500 index was down 66.75 points at 5,970.84, while the Nasdaq composite was down 298.33 points at 19,722.03.

The Canadian dollar traded for 69.37 cents US, compared with 69.51 cents US on Tuesday.

The February crude oil contract was up 98 cents at US$70.60 per barrel and the February natural gas contract was up six cents at US$3.38 per mmBTU.

The February gold contract was down US$22 at US$2,631.90 an ounce and the March copper contract was down less than a penny at US$4.12 a pound.

This report by The Canadian Press was first published Dec. 27, 2024.

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

The Canadian Press