Energy sector helps keep S&P/TSX flat Wednesday, U.S. stock markets down
By The Canadian Press on August 16, 2023.
TORONTO – Strength in the energy sector helped buoy Canada’s main stock index to a flat close on Wednesday while U.S. markets moved lower. The S&P/TSX composite index closed down less than one point at 19,899.07. In New York, the Dow Jones industrial average was down 180.65 points at 34,765.74. The S&P 500 index was down 33.53 points at 4,404.33, while the Nasdaq composite was down 156.42 points at 13,474.63. The Canadian dollar traded for 73.98 cents UScompared with 74.17 cents US on Tuesday. The September crude contract was down US$1.61 at US$79.38 per barrel and the September natural gas contract was down seven cents at US$2.59 per mmBTU. The December gold contract was down US$6.90 at US$1,928.30 an ounceand the September copper contract was down a penny at US$3.66 a pound. This report by The Canadian Press was first published Aug. 16, 2023. Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X) 9-8
