October 17th, 2024

S&P/TSX composite down Thursday, U.S. markets post small gain despite morning rally

By The Canadian Press on March 23, 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 – The S&P/TSX composite index was down about 70 points Thursday, while U.S. markets posted small gains, with markets rallying for most of the day before sputtering in the last trading hour.

The S&P/TSX composite index was down 72.86 points at 19,459.92.

In New York, the Dow Jones industrial average was up 75.14 points at 32,105.25. The S&P 500 index was up 11.75 points at 3,948.72, while the Nasdaq composite was up 117.44 points at 11,787.40.

The Canadian dollar traded for 73.15 cents US,compared with 72.93 cents US on Wednesday.

The May crude contract was down 94 cents at US$69.96 per barrel and the May natural gas contract was down two cents at US$2.28 per mmBTU.

The April gold contract was up US$46.30 at US$1,995.90 an ounceand the May copper contract was up eight cents at US$4.12 a pound.

This report by The Canadian Press was first published March 23, 2023.

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

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