September 22nd, 2024

S&P/TSX composite posts small loss Friday on energy weakness, U.S. markets mixed

By The Canadian Press on February 17, 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 – Losses in the energy sector weighed Canada’s main stock index down Friday, while U.S. markets were mixed, pulled lower by tech.

The S&P/TSX composite index closed down 91.18 points at 20,515.24.

In New York, the Dow Jones industrial average was up 129.84 points at 33,826.69. The S&P 500 index was down 11.32 points at 4,079.09,while the Nasdaq composite was down 68.56 points at 11,787.27.

The Canadian dollar traded for 74.15 cents US compared with 74.41 cents US on Thursday.

The April crude oil contract was down $2.19 cents at US$76.55 per barrel and the March natural gas contract was down 11 cents at US$2.28 per mmBTU.

The April gold contract was down US$1.60 at US$1,850.20 an ounce and the March copper contract was down almost three cents at US$4.11 a pound.

This report by The Canadian Press was first published Feb. 16, 2023.

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

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