December 14th, 2024

S&P/TSX composite ticks lower Thursday, U.S. stock markets move higher

By The Canadian Press on June 8, 2023.

Falling Canadian dollar coins or loonies are pictured in North Vancouver, B.C., Wednesday, May 29, 2019. THE CANADIAN PRESS/Jonathan Hayward

TORONTO – Canada’s main stock index ticked lower Thursday amid broad-based weakness, while U.S. markets moved higher, led by the technology sector.

The S&P/TSX composite index was down 40.99 points at 19,942.70.

In New York, the Dow Jones industrial average was up 168.59 points at 33,833.61. The S&P 500 index was up 26.41 points at 4,293.93, while the Nasdaq composite was up 133.63 points at 13,238.52.

The Canadian dollar traded for 74.86 cents UScompared with 74.76 cents US on Wednesday.

The July crude contract was down US$1.24 cents at US$71.29 per barrel and the July natural gas contract was up two cents at US$2.35 per mmBTU.

The August gold contract was up US$20.20 at US$1,978.60 an ounceand the July copper contract was up four cents at US$3.80 a pound.

This report by The Canadian Press was first published June 8, 2023.

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

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