December 13th, 2024

S&P/TSX composite down Thursday as tech stocks fall, U.S. stocks mixed

By The Canadian Press on July 20, 2023.

A currency trader passes by screens showing the Korea Composite Stock Price Index (KOSPI), top left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 20, 2023. Asian shares were mixed Thursday after Japan reported weaker than expected trade data for June, with imports falling nearly 13% from a year earlier. THE CANADIAN PRESS/AP-Ahn Young-joon

TORONTO – Losses in technology stocks helped lead Canada’s main stock index lower Thursday, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 54.30 points at 20,436.87.

In New York, the Dow Jones industrial average was up 163.97 points at 35,225.18. The S&P 500 index was down 30.85 points at 4,534.87,while the Nasdaq composite was down 294.71 points at 14,063.31.

The Canadian dollar traded for 75.92 cents UScompared with 75.93 cents US on Wednesday.

The September crude oil contract was up 36 cents at US$75.65 per barrel and the August natural gas contract was up 15 cents at 2.76 per mmBTU.

The August gold contract was down US$9.90 at US$1,970.90 an ounce and the September copper contract was up two cents at US$3.83 a pound.

This report by The Canadian Press was first published July 20, 2023.

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

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