December 12th, 2024

S&P/TSX composite moves lower Monday on broad-based losses, U.S. markets also down

By The Canadian Press on June 5, 2023.

The Canadian dollar coin is pictured in North Vancouver, B.C. Wednesday, May 29, 2019. THE CANADIAN PRESS/Jonathan Hayward

TORONTO – Canada’s main stock index was down almost 100 points Monday with broad-based losses led by base metals, health care and financials, while U.S. markets were also down.

The S&P/TSX composite index was down 93.01 points at 19,931.62.

In New York, the Dow Jones industrial average was down 199.90 points at 33,562.86. The S&P 500 index was down 8.58 points at 4,273.79, while the Nasdaq composite was down 11.34 points at 13,229.43.

The Canadian dollar traded for 74.44 cents US compared with 74.43 cents US on Friday.

The July crude contract was up 41 cents at US$72.15 per barrel and the July natural gas contract was up seven cents at US$2.25 per mmBTU.

The August gold contract was up US$4.70 at US$1,974.30 an ounce and the July copper contract was up four cents at US$3.77 a pound.

This report by The Canadian Press was first published June 5, 2023.

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

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