Markets in Canada and America registered a fall on Wednesday after two days of optimism.


Markets in Canada and the US had been down barely on Wednesday after two days of optimism initially of the fourth quarter, as all the pieces apart from oil reversed its opening week’s rally.

The S&P/TSX Composite Index closed 135.90 factors decrease at 19,235.09 on Tuesday after gaining practically 500 factors.

In New York, the Dow Jones Industrial Common fell 42.45 factors to shut at 30,273.87. The S&P 500 index was down 7.65 factors at 3,783.28, whereas the Nasdaq Composite was down 27.77 factors at 11,148.64

The Canadian greenback traded for 73.31 cents US, in comparison with 73.67 cents US on Tuesday.

The November crude contract was up US$ 1.24 to US$ 87.76 a barrel and the November pure fuel contract was up 9 cents to US$ 6.93 per mmBtu.

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In December, gold was down by USD 9.70 at USD 1,720.80 an oz. and copper for December was up by one paise at USD 3.50 per pound.

© 2022 Canadian Press



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