December 14th, 2024

S&P/TSX composite falls almost 250 points Friday, U.S. markets mixed

By The Canadian Press on December 15, 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 – Canada’s main stock index fell almost 250 points Friday, led by losses in energy and telecom stocks, while U.S. markets drifted to a mixed close.

The S&P/TSX composite index closed down 249.65 points at 20,529.15.

In New York, the Dow Jones industrial average was up 56.81 points at 37,305.16. The S&P 500 index was down 0.36 points at 4,719.19, while the Nasdaq composite was up 52.36 points at 14,813.92.

The Canadian dollar traded for 74.75 cents US compared with 74.52 cents US on Thursday.

The February crude oil contract was down 13 cents at US$71.78 per barreland the January natural gas contract was up 10 cents at US$2.49 per mmBTU.

The February gold contract was up US$9.20 at US$2,035.70 an ounceand the March copper contract was down less than a penny at US$3.89 a pound.

This report by The Canadian Press was first published Dec. 15, 2023.

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

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