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S&P/TSX composite falls but ends quarter with best month since October


TORONTO — Canada’s main stock index moved lower due to pessimism about the war in Ukraine and a drop in crude oil prices but the movement belied its strong performance in the first quarter, with March being the best month since October.

TORONTO — Canada’s main stock index moved lower due to pessimism about the war in Ukraine and a drop in crude oil prices but the movement belied its strong performance in the first quarter, with March being the best month since October.

The S&P/TSX composite index lost 185.80 points to 21,890.16.

In New York, the Dow Jones industrial average was down 550.46 points at 34,678.35. The S&P 500 index was down 72.04 points at 4,530.41, while the Nasdaq composite was down 221.75 points at 14,220.52.

The Canadian dollar traded for 80.03 cents US compared with 80.19 cents US on Wednesday.

The May crude oil contract was down US$7.54 at US$100.28 per barrel and the May natural gas contract was up 3.7 cents at US$5.64 per mmBTU.

The June gold contract was up US$15.00 at US$1,954.00 an ounce and the May copper contract was essentially flat at US$4.75 a pound.

This report by The Canadian Press was first published March 31, 2022.

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

The Canadian Press




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