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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.

Read more: Sales of vehicles, parts hit record high in November wholesale data: StatCan

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

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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