May 3, 2024
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S&P/TSX composite down despite strength in energy sector, U.S. markets mixed

TORONTO — Canada’s main stock index ticked lower in late-morning trading as gains in the energy sector were outweighed by losses in the heavyweight financial, industrial and material sectors.

The S&P/TSX composite index was down 13.89 points at 17,052.23.

In New York, the Dow Jones industrial average was down 45.03 points at 28,589.85. The S&P 500 index was down 0.44 points at 3,234.41, while the Nasdaq composite was up 12.99 points at 9,033.76.

The Canadian dollar traded for 77.07 cents US compared with an average of 76.99 cents US on Friday.

The February crude contract was up 20 cents at US$63.25 per barrel and the February natural gas contract was unchanged at US$2.13 per mmBTU.

The February gold contract was up US$12.90 at US$1,565.30 an ounce and the March copper contract was down one cent at US$2.78 a pound.

This report by The Canadian Press was first published Jan. 6, 2020

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/s-p-tsx-composite-down-despite-strength-in-energy-sector-u-s-markets-mixed-1.4754306

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