December 14th, 2024

S&P/TSX composite down Thursday as energy, base metal stocks fall, U.S. stocks mixed

By The Canadian Press on June 22, 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, Tuesday, June 20, 2023. THE CANADIAN PRESS/AP-Lee Jin-man

TORONTO – Canada’s main stock index was down more than 100 points Thursday as the price of oil weakened energy stocks amid weakness in base metals and financials, while U.S. markets were mixed.

The S&P/TSX composite index was down 125.05 points at 19,580.90.

In New York, the Dow Jones industrial average was down 4.81 points at 33,946.71. The S&P 500 index was up 16.20 at 4,381.89, while the Nasdaq composite was up 128.41 points at 13,630.61.

The Canadian dollar traded for 75.99 cents UScompared with 75.86 cents US on Wednesday.

The August crude oil contract was down US$3.02 at US$69.51 per barrel and the July natural gas contract was up a penny at US$2.61 per mmBTU.

The August gold contract was down US$21.20 at US$1,923.70 an ounce and the July copper contract was down two cents at US$3.89 a pound.

This report by The Canadian Press was first published June 22, 2023.

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

Share this story:

9
-8

Comments are closed.