麻豆影视

Skip to main content

S&P/TSX composite suffers worst day since November as investors weigh higher rates

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, May 5, 2022. (AP Photo/Kin Cheung) A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, May 5, 2022. (AP Photo/Kin Cheung)
Share
TORONTO -

Canada's main stock index suffered its worst day in more than five months as investors appeared to put aside dovish Federal Reserve comments a day earlier to instead focus on the magnitude of interest rates to come.

The S&P/TSX composite index closed down 488.78 points, or 2.3 per cent, to 20,696.17.

In New York, the Dow Jones industrial average was down 1,063.09 points at 32,997.97. The S&P 500 index was down 153.30 points at 4,146.87, while the Nasdaq composite was down 647.17 points or 5.0 per cent at 12,317.69.

The Canadian dollar traded for 77.99 cents US compared with 78.06 cents US on Wednesday.

The June crude contract was up 45 cents at US$108.26 per barrel and the June natural gas contract was up 36.8cents at US$8.78 per mmBTU.

The June gold contract was up US$6.90 at US$1,875.70 an ounce and the July copper contract was down 4.7 cents at US$4.29 a pound.

This report by The Canadian Press was first published May 5, 2022.

CTVNews.ca Top Stories

A Toronto police officer has been arrested after allegedly stealing three bottles of alcohol from a store.

Three people were taken to hospital after a crash between a pickup truck and a car in a rural part of Ottawa's south end on Saturday afternoon.

Police on Vancouver Island have made an arrest in the case of a 78-year-old woman found dead in her home almost two years ago.

Travelling on a budget can be stressful, but there are ways you can ensure you're getting the best deal on flights as the holiday season approaches.

A driver suffered only minor injuries after going airborne in a residential neighbourhood in Maple Ridge, B.C., on Friday, the car eventually landing on its roof in someone鈥檚 backyard.

'We will never be the same': Oct. 7 killing of Montreal native leaves gaping hole

Alexandre Look, a 33-year-old Montreal native, was among the concertgoers who were murdered a year ago Monday at the Supernova music festival during a brutal assault on Israel carried out by Hamas militants. He is among at least eight people, either Canadian citizens or with ties to Canada, who died during the Oct. 7 attacks.

Local Spotlight

Chantal Kreviazuk is set to return to Winnipeg to mark a major milestone in her illustrious musical career.

From the beaches of Cannes to the bustling streets of New York City, a new film by a trio of Manitoba directors has toured the international film festival circuit to much pomp and circumstance.

A husband and wife have been on the road trip of a lifetime and have decided to stop in Saskatchewan for the winter.

The grave of a previously unknown Canadian soldier has been identified as a man from Hayfield, Man. who fought in the First World War.

A group of classic car enthusiasts donated hundreds of blankets to nursing homes in Nova Scotia.

Moving into the second week of October, the eastern half of Canada can expect some brisker fall air to break down from the north

What does New Westminster's t蓹m蓹sew虛tx史 Aquatic and Community Centre have in common with a historic 68,000-seat stadium in Beijing, an NFL stadium and the aquatics venue for the Paris Olympics? They've all been named among the world's most beautiful sports venues for 2024.

The last living member of the legendary Vancouver Asahi baseball team, Kaye Kaminishi, died on Saturday, Sept. 28, surrounded by family. He was 102 years old.

New data from Greater Vancouver and the Fraser Valley shows a surge in supply and drop in demand in the region's historically hot real estate market.

Stay Connected