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S&P/TSX composite up more than 100 points, U.S. stock markets also rise

A sign board displays the TSX level outside the Richmond Adelaide Centre in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler. EEB

Canada’s main stock index ended down almost a hundred points after rising by more than a hundred points in the late morning, while U.S. markets saw a similar reversal.

The S&P/TSX composite index was down 95.11 points at 18,579.29.

In New York, the Dow Jones industrial average was down 90.22 points at 30,333.59. The S&P 500 index was down 29.38 points at 3,665.78, while the Nasdaq composite was down 65.67 points at 10,614.84.

Read more: S&P/TSX composite down 124 points on hot inflation data

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The Canadian dollar traded for 72.84 cents US, compared with 72.57 cents US on Wednesday.

The December crude contract was down one cent at US$84.51 per barrel and the November natural gas contract was down 10 cents at US$5.36 per mmBTU.

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The December gold contract was up US$2.60 at US$1,636.80 an ounce and the December copper contract was up 9.3 cents at US$3.41 a pound.

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