Stock markets in most of North America wrapped up trading sharply down as of Monday as traders braced for the growing odds of a central bank interest rate increase after robust employment figures coming from the United States last week.
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The S&P 500 was down 1.96 points, or 0.09 per cent, at 2,076.62 and the Nasdaq Composite index was down 24.39 points, or 0.48 per cent, at 5,070.92. It touched it lowest since October 2.
Financials fell 0.7 percent and the materials group fell 0.7 percent.
US stocks traded in a range Wednesday, trying to hold mild opening gains while declines in oil prices and disappointing Macy’s earnings weighed.
The report on Apple added to fears of a slowdown in global growth, especially in China, a key market for many US companies including Apple, ahead of the crucial holiday shopping season.
Suncor Energy Inc lost 1.1 percent to C$38.69, and Canadian Natural Resources Ltd gave back 1.1 percent to C$32.11.
Declining issues outnumbered advancing ones on the TSX by 167 to 71, for a 2.35-to-1 ratio on the downside. As a result, copper slipped to US$2.2155/lb, while Brent crude fell 0.53% to US$47.19/barrel.
Gold steadied near a three-month low.
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Copper prices declined 0.2 percent to $4,975 a tonne.
