April 27th, 2024

S&P/TSX composite creeps lower Friday, U.S. markets also down after jobs reports

By The Canadian Press on March 8, 2024.

The S&P TSX composite index screen at the TMX Market Centre in Toronto is photographed on Friday, November 11, 2022. THE CANADIAN PRESS/ Tijana Martin

TORONTO – Canada’s main stock index crept lower on Friday while U.S. markets were also down, led by a 1.2-per cent loss on the Nasdaq after both countries saw fresh data on the labour market.

The S&P/TSX composite index closed down 57.30 points at 21,737.53.

In New York, the Dow Jones industrial average wasdown 68.66 points at 38,722.69.The S&P 500 index was down 33.67 points at 5,123.69, while the Nasdaq composite was down 188.26 points at 16,085.11.

The Canadian dollar traded for 74.23 cents US compared with 74.22 cents US on Thursday.

The April crude contract was down 92 cents at US$78.01 per barrel and the April natural gas contract was down a penny at US$1.81 per mmBTU.

The April gold contract was up US$20.30 at US$2,185.50 an ounce and the May copper contract was down three cents at US$3.89 a pound.

This report by The Canadian Press was first published March 8, 2024.

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

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