North American markets endure wild ride, bounce back from deep losses

By CanadianInvestor / December 10, 2018 / www.canadianinvestor.com / Article Link

Share this article

TORONTO - North American investors endured a wild ride as markets rebounded from deep declines in trading on broad-based weakness led by the energy sector.

The S&P/TSX composite index closed down 66.85 points to 14,728.28 after hitting a triple-digit decline in earlier trading.

In New York, the Dow Jones industrial average was up 34.31 points at 24,423.26. The S&P 500 index was up 4.64 points at 2,637.72, while the Nasdaq composite was up 51.27 points at 7,020.52.

The Canadian dollar traded at an average of 74.74 cents US compared with an average of 75.19 cents US on Friday.

The January crude contract was down US$1.61 at US$51 per barrel and the January natural gas contract was up 5.7 cents at US$4.54 per mmBTU.

The February gold contract was down US$3.20 at US$1,249.40 an ounce and the March copper contract was down 3.95 cents at US$2.72 a pound.

Index and currency in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press

Recent News

Is the gold market starting to turn 'irrationally exuberant'?

January 26, 2026 / www.canadianminingreport.com

Gold stocks explode up as equity markets languish

January 26, 2026 / www.canadianminingreport.com

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com

TSXV gold producers' output growth for Q4/25 mixed

January 19, 2026 / www.canadianminingreport.com

Rising metals price volatility over past month

January 12, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok