December 14th, 2024

S&P/TSX composite edges lower Friday, U.S. stock markets also decline

By The Canadian Press on June 16, 2023.

The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, November 11, 2022. THE CANADIAN PRESS/Tijana Martin

TORONTO – Canada’s main stock index drifted lower Friday, pulled lower by energy, technology and base metals, while U.S. markets also ended the day down.

The S&P/TSX composite index was down 51.98 points at 19,975.37.

In New York, the Dow Jones industrial average was down 108.94 points at 34,299.12.The S&P 500 index was down 16.25 points at 4,409.59, while the Nasdaq composite was down 93.25 points at 13,689.57.

The Canadian dollar traded for 75.77 cents US compared with 75.46 cents US on Thursday.

The August crude contract was up US$1.12 cents at US$71.93 per barrel and the July natural gas contract was up 10 cents at US$2.63 per mmBTU.

The August gold contract was up 50 cents at US$1,971.20 an ounceand the July copper contract was down a penny at US$3.89 a pound.

This report by The Canadian Press was first published June 16, 2023.

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

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