S&P/TSX composite down as energy and base metal stocks fall, U.S. markets also lower

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TORONTO — Canada's main stock index was down more than 100 points Wednesday, weighed down by losses in base metal and energy stocks, while U.S. stock markets...

TORONTO — Canada's main stock index was down more than 100 points Wednesday, weighed down by losses in base metal and energy stocks, while U.S. stock markets also moved lower.In New York, the Dow Jones industrial average was down 201.95 points at 39,671.04. The S&P 500 index was down 14.40 points at 5,307.01, while the Nasdaq composite was down 31.08 points at 16,801.54.The July crude oil contract was down US$1.09 at US$77.

NWN Carousel Named a Largest & Fastest Growing Private Company in Massachusetts by the Boston Business Journal BOSTON, May 22, 2024--The Boston Business Journal has named, NWN Carousel, a leading AI-Powered Managed Services company based in Massachusetts, to the #22 spot on 2024 Fast 50 List which represents the 50 fastest-growing private companies. The company rose from the #28 spot on BBJ’s Fast 50 list from last year and #23 on their list of the 100 Largest Private Companies in Massachusetts.

TORONTO — The rise of remote work has led to a loss of workplace social connections that is negatively affecting employees, a new report suggests.China's Chamber of Commerce to the European Union signaled that it "could raise its temporary tariff rate on imported large-engine vehicles to a maximum of 25 percent." The potential tariff comes after the Biden administration announced an increase in tariffs on Chinese electric vehicles, among other imports.

 

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