April 23rd, 2024

S&P/TSX composite ticks lower Tuesday, U.S. markets also take a dip

By The Canadian Press on March 26, 2024.

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 was down almost 30 points Tuesday, led by weakness in energy and base metals, while U.S. markets also moved into the red after drifting higher for most of the day.

The S&P/TSX composite index closed down 29.76 points at 21,912.52.

In New York, the Dow Jones industrial average was down 31.31 points at 39,282.33. The S&P 500 index was down 14.61 points at 5,203.58,while the Nasdaq composite was down 68.80 points at 16,315.70.

The Canadian dollar traded for 73.68 cents UScompared with 73.62 cents US on Monday.

The May crude oil contract was down 33 cents at US$81.62 per barrel and the May natural gas contract was essentially unchanged at US$1.79 per mmBTU.

The June gold contract was up US$1.00 at US$2,199.20 an ounceand the May copper contract was down a penny at US$4.01 a pound.

This report by The Canadian Press was first published March 26, 2024.

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

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