TORONTO — North American stock markets were down slightly Monday as investors continued to adjust to the idea that inflation — as well as the efforts by central banks to curb it — is not going to go away anytime soon.
The S&P/TSX composite index was down 37.17 points at 19,836.12.
In New York, the Dow Jones industrial average was down 184.41 points at 32,098.99. The S&P 500 index was down 27.05 points at 4,030.61, while the Nasdaq composite was down 124.04 points at 12,017.67.
The Canadian dollar traded for 76.87 cents US compared with 76.99 cents US on Friday.
The October crude contract was up US$3.95 at US$97.01 per barrel and the October natural gas contract was up seven cents at US$9.34 per mmBTU.
The December gold contract was down ten cents at US$1,749.70 an ounce and the December copper contract was down nine cents at US$3.61 a pound.
This report by The Canadian Press was first published Aug. 29, 2022.
Companies in this story: (TSX:GSPTSE, TSX_CADUSD=X)
