December 11th, 2024

S&P/TSX composite posts small loss Friday, U.S. markets mixed

By The Canadian Press on October 13, 2023.

A currency trader passes by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won, center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Oct. 13, 2023. Asian markets slipped on Friday following a decline in Wall Street driven by mounting pressure from rising bond market yields. THE CANADIAN PRESS/AP-Ahn Young-joon

TORONTO – Canada’s main stock index stepped lower Friday as broad-based weakness led by technology, battery metals and utilities outweighed energy gains, and U.S. markets were mixed amid losses in technology.

The S&P/TSX composite index closed down 37.38 points at 19,462.86.

In New York, the Dow Jones industrial average was up 39.15 points at 33,670.29. The S&P 500 index was down 21.83 points at 4,327.78, while the Nasdaq composite was down 166.99 points at 13,407.23.

The Canadian dollar traded for 73.20 cents US compared with 73.22 cents US on Thursday.

The November crude contract was up US$4.78 at US$87.69 per barrel and the November natural gas contract was down 11 cents at US$3.24 per mmBTU.

The December gold contract was up US$58.50 at US$1,941.50 an ounce and the December copper contract was down two cents at US$3.57 a pound.

This report by The Canadian Press was first published Oct. 13, 2023.

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

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