S&P/TSX composite down Thursday, led by base metals; U.S. markets also move lower

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S&P/TSX composite down Thursday, led by base metals; U.S. markets also move lower
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Losses in the base metals sector led Canada’s main stock index lower on Thursday, while U.S. stock markets also fell.

July 18, 2024 at 5:15PM EDTTORONTO — In New York, the Dow Jones industrial average was down 533.06 points at 40,665.02.

“I think the election is casting some uncertainty. The fundamentals are not heading in the right direction. And the market is kind of digesting all of that at once,” he said. Big tech stocks led the market lower in the U.S. on Thursday, with Apple down two per cent, Amazon down 2.2 per cent and Microsoft down 0.7 per cent.

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