{"id":64979,"date":"2023-09-24T22:16:43","date_gmt":"2023-09-25T02:16:43","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/canadian-and-u-s-stock-markets-recover-partially-after-significant-drop\/"},"modified":"2023-09-24T22:16:45","modified_gmt":"2023-09-25T02:16:45","slug":"canadian-and-u-s-stock-markets-recover-partially-after-significant-drop","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=64979","title":{"rendered":"Canadian and U.S. stock markets recover partially after significant drop"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters. <\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>On Friday, Canada&#8217;s primary stock index, the S&amp;P\/TSX composite, closed with a minor decline of 11.65 points at 19,779.97, following a substantial loss of over 400 points the previous day. Concurrently, U.S. stock markets also experienced a downturn. The  fell by 106.58 points to reach 33,963.84, while the  dropped by 9.94 points to stand at 4,320.06 and the  declined by 12.18 points to settle at 13,211.81.<\/p>\n<p>Earlier in the day, broad-based but shallow strength had helped lift Canada&#8217;s main stock index modestly higher in late-morning trading. The S&amp;P\/TSX composite index was up by 54.49 points at 19,846.11 during this period.<\/p>\n<p>In terms of commodities, the November crude contract was up by $0.40 at $90.03 per barrel and the November  contract rose by $0.04 to reach $2.88 per mmBTU on Friday. The December gold contract increased by $6.00 to stand at $1,945.60 an ounce while the December  contract remained unchanged at $3.70 a pound.<\/p>\n<p>The Canadian dollar traded for 74.20 US cents on Friday, compared with 74.15 US cents on Thursday.<\/p>\n<p>Meanwhile in Seoul, South Korea on Friday, a currency trader was seen passing by screens showing the Korea Composite Stock Price Index () and the foreign exchange rate between the U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters.<\/p>\n<p><em>This article was generated with the support of AI and reviewed by an editor. For more information see our T&amp;C.<\/em><\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/canadian-and-us-stock-markets-recover-partially-after-significant-drop-93CH-3180917\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. On Friday, Canada&#8217;s primary stock index, the S&amp;P\/TSX composite, closed with a minor decline of 11.65 points at 19,779.97, following a substantial loss of over 400 points the previous day. Concurrently, U.S. stock markets also experienced a downturn. The fell by 106.58 points to reach 33,963.84, while the dropped by 9.94 points to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5772,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-64979","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Canadian and U.S. stock markets recover partially after significant drop | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. On Friday, Canada&#039;s primary stock index, the S&amp;P\/TSX composite, closed with a minor decline of 11.65 points at 19,779.97, following a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=64979\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canadian and U.S. stock markets recover partially after significant drop | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters. On Friday, Canada&#039;s primary stock index, the S&amp;P\/TSX composite, closed with a minor decline of 11.65 points at 19,779.97, following a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=64979\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-25T02:16:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-25T02:16:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/LYNXMPEA6606G_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=64979#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=64979\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Canadian and U.S. stock markets recover partially after significant drop\",\"datePublished\":\"2023-09-25T02:16:43+00:00\",\"dateModified\":\"2023-09-25T02:16:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=64979\"},\"wordCount\":246,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=64979#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=64979\",\"url\":\"https:\/\/ifintechworld.com\/?p=64979\",\"name\":\"Canadian and U.S. stock markets recover partially after significant drop | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-09-25T02:16:43+00:00\",\"dateModified\":\"2023-09-25T02:16:45+00:00\",\"description\":\"\u00a9 Reuters. 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