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S&P/TSX composite slightly down, helped by energy stocks; U.S. markets fall

Click to play video: 'Money Matters: What to expect from next week’s interest rate decision'
Money Matters: What to expect from next week’s interest rate decision
WATCH ABOVE: Inflation was down 0.6% for the month of December. This was the biggest monthly drop in price since the beginning of the pandemic. Personal finance expert Rubina Ahmed-Haq joins us to break down the latest money matters, including what's expected from next week's Bank of Canada interest rate announcement. – Jan 19, 2023

Canada’s main stock index edged lower Thursday, with losses in technology and industrials buoyed by energy stocks, while U.S. stock markets were also down.

The S&P/TSX composite index was down 34.79 points at 20,341.44.

In New York, the Dow Jones industrial average was down 252.40 points at 33,044.56. The S&P 500 index was down 30.01 points at 3,898.85, while the Nasdaq composite was down 104.74 points at 10,852.27.

The Canadian dollar traded for 74.23 cents US compared with 74.41 cents US on Wednesday.

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The March crude oil contract was up 81 cents at US$80.61 per barrel and the February natural gas contract was down four cents at US$3.28 per mmBTU.

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The February gold contract was up US$16.90 at US$1,923.90 an ounce and the March copper contract was down less than a penny at US$4.23 a pound.

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