(Washington) The New York Stock Exchange ended sharply lower on Tuesday, strained by the rise in bond rates and the decline of certain giant capitalizations in the technology sector.
Posted at 9:46 a.m.
Updated at 4:13 p.m.
The Dow Jones fell 0.42%, the NASDAQ index lost 1.89% and the broader S&P 500 index lost 1.11%.
More details will follow.
The Toronto Stock Exchange climbs
The main Canadian stock index rose late Tuesday morning, with energy and telecommunications stocks recording gains.
The S&P/TSX composite index on the Toronto floor gained 44.73 points to 25,044.52 points.
On the currency market, the Canadian dollar was trading at an average rate of 69.75 US cents, up from 69.70 US cents on Friday.
On the New York Mercantile Exchange, the price of crude oil rose 62 cents to US$74.18 per barrel and that of natural gas fell nine cents to US$3.58 per million BTU.
The price of gold rose US$15.40 to US$2,662.80 an ounce and copper gained four cents to US$4.20 a pound.
The Canadian Press
Canada
