A currency trader works in front of the screens showing the Korea Composite Stock Price Index (KOSPI), 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, Monday, Jan. 30, 2023. THE CANADIAN PRESS/AP-Ahn Young-joon
TORONTO – Canada’s main stock index managed a slight gain on a day that saw markets swing notably following the release of better-than-expected jobs data in the U.S., which left markets in the U.S. down by day end as investors plan for more rate hikes ahead.
The S&P/TSX composite index closed up 17.90 points at 20,758.34.
In New York, the Dow Jones industrial average was down 127.93 points at 33,926.01. The S&P 500 index was down 43.28 points at 4,136.48, while the Nasdaq composite was down 193.86 points at 12,006.96.
The Canadian dollar traded for 74.68 cents US compared with 75.12 cents US on Thursday.
The March crude oil contract closed down US$2.49 per barrel at US$73.39 and the March natural gas contract was down five cents at US$2.41 per mmBTU.
The April gold contract was down US$54.20 at US$1,876.60 an ounce and the March copper contract was down a 3.5 cents at US$4.07 a pound.
This report by The Canadian Press was first published Feb. 3, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
