November 12th, 2024

Tech and industrial stocks help lift S&P/TSX composite, U.S. stock markets lower

By The Canadian Press on April 21, 2023.

The Bay Street financial district is shown with a Canadian flag in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette

TORONTO – Strength in technology and industrial stocks helped Canada’s main stock index creep higher in late-morning trading, while U.S. stock markets fell on the final day of trading for the week.

The S&P/TSX composite index was up 4.33 points at 20,635.02.

In New York, the Dow Jones industrial average was down 54.51 points at 33,732.11. The S&P 500 index was down 4.48 points at 4,125.31, while the Nasdaq composite was down 9.84 points at 12,049.72.

The Canadian dollar traded for 73.88 cents US compared with 74.24 cents US on Thursday.

The June crude contract was up 43 cents at US$77.80 per barrel and the June natural gas contract was down three cents at US$2.40 per mmBTU.

The June gold contract was down US$30.00 at US$1,989.10 an ounce and the May copper contract was down four cents at US$3.99 a pound.

This report by The Canadian Press was first published April 21, 2023.

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

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