October 5th, 2024

S&P/TSX composite edges upward, U.S. stock markets mixed after central bank pause

By The Canadian Press on June 14, 2023.

A street sign along Bay Street in Toronto's financial district is shown on Tuesday, January 12, 2021. THE CANADIAN PRESS/Nathan Denette

TORONTO – Strength in industrials and metals helped buoy Canada’s main stock index amid energy weakness Wednesday, while U.S. stock markets were mixed after the country’s central bank held interest rates steady.

The S&P/TSX composite index was up 24.69 points at 20,015.09.

In New York, the Dow Jones industrial average was down 232.79 points at 33,979.33.The S&P 500 index was up 3.58 points at 4,372.59,while the Nasdaq composite was up 53.16 points at 13,626.48.

The Canadian dollar traded for 75.20 cents US compared with 75.13 on Tuesday.

The July crude contract was down US$1.15 at US$68.27 per barreland the July natural gas contract was up less than a penny at US$2.34 per mmBTU.

The August gold contract was up US$10.30 at US$1,968.90 an ounceand the July copper contract was up four cents at US$3.87 a pound.

This report by The Canadian Press was first published June 14, 2023.

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

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