TORONTO — Canada’s main stock index lost more than 50 points Wednesday despite strength in energy stocks, while U.S. stock markets also fell. The S&P/TSX composite index closed down 53.56 points at 20,818.58.
TORONTO — Canada’s main stock index lost more than 50 points Wednesday despite strength in energy stocks, while U.S. stock markets also fell.
The S&P/TSX composite index closed down 53.56 points at 20,818.58.
In New York, the Dow Jones industrial average was down 284.85 points at 37,430.19. The S&P 500 index was down 38.02 points at 4,704.81, while the Nasdaq composite was down 173.73 points at 14,592.21.
Some of last year’s biggest gainers in the U.S. helped the Nasdaq lead markets lower on Wednesday, with Tesla down four per cent and Nvidia down 1.2 per cent.
“If you look specifically at tech, it had a really, really strong run in 2023. And it would make some sense for investors to take profits in 2024 ……
