March 3rd, 2024

S&P/TSX composite slips, U.S. markets tick up

By The Canadian Press on December 28, 2023.

A currency trader reacts near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Dec. 19, 2023. THE CANADIAN PRESS/AP-Ahn Young-joon

TORONTO – Canada’s main stock index was down in late-morning trading on broad declines, while U.S. stock markets were up slightly.

The S&P/TSX composite index was down 77.59 points at 20,938.32.

In New York, the Dow Jones industrial average was up 47.53 points at 37,704.05. The S&P 500 index was up 6.38 points at 4,787.96, while the Nasdaq composite was up 24.99 points at 15,124.69.

The Canadian dollar traded for 75.76 cents US compared with 75.73 cents US on Wednesday.

The February crude oil contract was down 49 cents at US$73.62 per barrel and the February natural gas contract was up 12 cents at US$2.55 per mmBTU.

The February gold contract was down US$8.60 at US$2,084.50 an ounce and the March copper contract was down four cents at US$3.92 a pound.

This report by The Canadian Press was first published Dec. 28, 2023.

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

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