S&P/TSX composite down as telecom and base metal stocks fall, U.S. markets mixed

TORONTO — Canada's main stock index fell in late-morning trading, weighed down by losses in the telecom and base metal sectors, while U.S. stock markets were mixed.In New York, the Dow Jones industrial average was down 251.30 points at 39,159.91. The S&P 500 index was up 16.86 points at 5,464.73, while the Nasdaq composite was up 190.21 points at 17,687.03.The August crude oil contract was down six cents at US$81.

MP Ryan Williams posted last week on X an AI-generated ranking of G7 countries and their capital gains tax rates.The list appeared to have been generated by ChatGPT — an artificial intelligence-based virtual assistant — and falsely listed Canada's capitalGiven their healthy growth prospects, these three Canadian stocks could deliver superior returns over the next 10 years. The post 3 Stocks to Buy and Hold for the Next Decade appeared first on The Motley Fool Canada.

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