November 29th, 2024

Tech sector helps lift S&P/TSX composite from energy losses

By The Canadian Press on February 2, 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 shored itself up against losses in the energy sector for the second day in a row, while U.S. markets were mixed.

The S&P/TSX composite index was down 10.61 points at 20,740.44.

In New York, the Dow Jones industrial average was down 39.02 points at 34,053.94.The S&P 500 index was up 60.55 points at 4,179.76, while the Nasdaq composite was up 384.50 points at 12,200.82.

The Canadian dollar traded for 75.12 cents US compared with 75.07 cents US on Wednesday.

The March crude contract was down 53 cents at US$75.88 per barrel and the March natural gas contract was down a penny at US$2.46 per mmBTU.

The April gold contract was down US$12.00 at US$1,930.80 an ounce and the March copper contract was down two cents at US$4.09 a pound.

This report by The Canadian Press was first published Feb. 2, 2023.

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

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