September 19th, 2024

S&P/TSX composite down almost one per cent, U.S. markets mixed over bank failures

By The Canadian Press on March 13, 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 – Worries about the financial system after two recent bank failures saw bank stocks edge U.S. markets mostly down Monday after a volatile day of trading while Canadian markets fell on weakness in energy and financials.

The S&P/TSX composite index was down 186.02 points at 19,588.90.

In New York, the Dow Jones industrial average was down 90.50 points at 31,819.14. The S&P 500 index was down 5.83 points at 3,855.76, while the Nasdaq composite was up 49.96 points at 11,188.84.

The Canadian dollar traded for 72.83 cents US compared with 72.43 cents US on Friday.

The April crude contract was down US$1.88 at US$74.80 per barreland the April natural gas contract was up 18 cents at US$2.61 per mmBTU.

The April gold contract was up US$49.30 at US$1,916.50 an ounceand the May copper contract was up two cents at US$4.05 a pound.

This report by The Canadian Press was first published March 13, 2023.

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

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