December 14th, 2024

S&P/TSX composite breaks even Thursday, U.S. stock markets mixed

By The Canadian Press on May 18, 2023.

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), center, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, May 18, 2023. THE CANADIAN PRESS/AP-Lee Jin-man

TORONTO – Canada’s main stock index effectively broke even Thursday after paring back losses over the afternoon, while U.S. stock markets were mixed.

The S&P/TSX composite index closed up 0.66 points at 20,297.09.

In New York, the Dow Jones industrial average was up 115.15 points at 33,535.91. The S&P 500 index was up 39.28 points at 4,198.05, while the Nasdaq composite was up 188.27 points at 12,688.84.

The Canadian dollar traded for 74.07 cents UScompared with 74.28 cents US on Wednesday.

The July crude contract was down 95 cents at US$71.94 per barrel and the June natural gas contract was up 23 cents at US$2.59 per mmBTU.

The June gold contract was down US$25.10 at US$1,959.80 an ounce and the July copper contract was down seven cents at US$3.69 a pound.

This report by The Canadian Press was first published May 18, 2023.

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

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