September 20th, 2024

S&P/TSX composite posts small gain after strong morning, U.S. markets mixed

By The Canadian Press on January 9, 2023.

The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, November 11, 2022. THE CANADIAN PRESS/ Tijana Martin

TORONTO – Canada’s main stock index stalled in the afternoon after a morning of strong gains in energy, technology and base metals, while U.S. markets also cooled, ending the day with mixed results.

The S&P/TSX composite index was up 42.56 points at 19,857.07.

In New York, the Dow Jones industrial average was down 112.96 points at 33,517.65. The S&P 500 index was down 2.99 points at 3,892.09,while the Nasdaq composite was up 66.36 points at 10,635.65.

The Canadian dollar traded for 74.76 cents UScompared with 74.15 cents US on Friday.

The February crude oil contract was up 86 cents at US$74.63 per barrel and the February natural gas contract was up 20 cents at US$3.91 per mmBTU.

The February gold contract was up US$8.10 at US$1,877.80 an ounce and the March copper contract was up 12 cents at US$4.03 a pound.

This report by The Canadian Press was first published Jan. 9, 2023.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

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