June 16th, 2024

S&P/TSX holds steady Friday on gains in energy and financials, U.S. markets fall

By The Canadian Press on February 24, 2023.

A person walks past a TD Bank sign in the financial district in Toronto on Tuesday, Sept. 20, 2022. THE CANADIAN PRESS/Alex Lupul

TORONTO – Canada’s main stock index held firm Friday, buoyed by sturdy energy and financial sectors but offset by dips in other areas, while U.S. markets fell.

The S&P/TSX composite index nudged up 31 points to 20,219.19.

In New York, the Dow Jones industrial average was down 336.99 points at 32,816.92. The S&P 500 index was down 42.28 points at 3,970.04, while the Nasdaq composite was down 195.46 points, or 1.7 per cent, at 11,394.94.

The Canadian dollar traded for 73.41 cents US, compared with 73.81 cents US on Thursday.

The April crude contract was up 93 cents at US$76.32 per barrel and the April natural gas contract was up 12 cents at US$2.55 mmBTU.

The April gold contract was down US$9.70 at US$1,817.10 an ounce and the May copper contract was down 10 cents at US$3.95 a pound.

This report by The Canadian Press was first published Feb. 24, 2023.

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

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