Canadian and U.S. markets drifted lower Thursday amid continued oil price volatility and geopolitical instability.
The S&P/TSX composite index fell 42.18 points at 33,912.93.
In New York, the Dow Jones industrial average was down 179.71 points at 49,310.32. The S&P 500 index fell 29.50 points at 7,108.40, while the Nasdaq composite finished 219.06 points lower at 24,438.50.
“There’s resilience in the face of all this uncertainty. You’re seeing markets showing a lot of strength,” said Adam Ludwick, director of asset allocation at NEI Investments.
“Today is a little bit of a pullback off of that, but it’s been a really strong three, four weeks.”
Equity markets have
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