Markets in Toronto fell on Thursday as a drop in crude oil prices weighed on the resource-linked market.
The S&P/TSX composite index plummeted 114.18 points to begin the final trading for 2015 at 13,028.11.
The Canadian dollar inched up 0.1 cents to 72.13 cents U.S.
ON BAYSTREET
The TSX Venture Exchange subsided 0.67 points to 520.19
All 13 TSX subgroups limped out of the gate Thursday morning, with consumer staples sliding 1.2%, financials and information technology skidding 1.1% each.
ON WALLSTREET
U.S. stocks traded lower Thursday, the last day of trade for 2015, as investors eyed oil prices.
The Dow Jones industrial average plummeted 87.31 points to 17,516.56, with Coca-Cola leading decliners and Caterpillar the only advancer.
The S&P 500 lost 10.8 points to 2,052.56, to fall back into negative territory for 2015 in intraday trade as all 10 sectors declined.
The NASDAQ index dropped 27.67 points to 5,038.18.
Trade volume so far this week has been among the lowest of the year, and will likely remain thin Thursday ahead of Wall Street's closure on Friday for the New Year's Day holiday.
As of Wednesday's close, the S&P 500 was up 0.2% year-to-date and the NASDAQ composite was up 7% for the year so far. The Dow was down 1.2% for 2015.
In a light day of economic news, the Chicago Purchasing Managers' Index came in at 42.9 for December.
U.S. weekly jobless claims came in at 287,000, up from 267,000 the week before.
Prices for the 10-year Treasury strengthened, lowering yields to 2.27% from Wednesday’s 2.29%. Treasury prices and yields move in opposite directions.
Oil prices fell six cents a barrel to $36.54 U.S.
Gold prices gained 36 cents to $1,061.80 U.S. an ounce.
