April 18th, 2024

S&P/TSX composite ticks lower Monday, U.S. stock markets also down

By The Canadian Press on March 4, 2024.

The exterior of the TMX is seen in Toronto, Wednesday, Nov. 1, 2023. THE CANADIAN PRESS/Chris Young

TORONTO – Canada’s main stock index ticked lower on Monday, weighed down by weakness in energy stocks, while U.S. markets also eased from the highs they hit last week.

The S&P/TSX composite index closed down 21.28 points at 21,531.07.

In New York, the Dow Jones industrial average was down 97.55 points at 38,989.83.The S&P 500 index was down 6.13 points at 5,130.95, while the Nasdaq composite was down 67.43 points at 16,207.51.

The Canadian dollar traded for 73.68 cents UScompared with 73.72 cents US on Friday.

The April crude oil contract was down US$1.23 at US$78.74 per barrel and the April natural gas contract was up eight cents at US$1.92 per mmBTU.

The April gold contract was up US$30.60 at US$2,126.30 an ounce and the May copper contract was down half a penny at US$3.86 a pound.

This report by The Canadian Press was first published March 4, 2024.

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

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