S&P/TSX composite edges down as energy and base metal sectors move lower

By The Canadian Press on April 19, 2023.

TORONTO – Canada’s main stock index edged lower on Wednesday, weighed down by losses in the energy and base metal stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 3.85 points at 20,680.83.

In New York, the Dow Jones industrial average was down 79.62 points at 33,897.01. The S&P 500 index was down 0.35 points at 4,154.52, while the Nasdaq composite was up 3.82 points at 12,157.23.

The Canadian dollar traded for 74.30 cents US, according to XE.com, compared with 74.70 cents US on Tuesday.

The June crude contract was down US$1.66 at US$79.24 per barrel and the May natural gas contract was down 14 cents at US$2.22 per mmBTU.

The June gold contract was down US$12.40 at US$2,007.30 an ounce and the May copper contract was down a penny at US$4.08 a pound.

This report by The Canadian Press was first published April 19, 2023.

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

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