May 3rd, 2024

S&P/TSX composite edges lower Monday as U.S. stock markets are mixed

By The Canadian Press on April 8, 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 dipped Monday while U.S. markets were mixed ahead of a busy week that will see lots of economic data, the start of U.S. earnings season, and a Bank of Canada interest rate decision.

The S&P/TSX composite index was down 4.08 points at 22,260.30.

In New York, the Dow Jones industrial average was down 11.24 points at 38,892.80. The S&P 500 index was down 1.95 points at 5,202.39, while the Nasdaq composite was up 5.43 points at 16,253.96.

The Canadian dollar traded for 73.63 cents UScompared with 73.54 cents US on Friday.

The May crude oil contract was down 48 cents at US$86.43 per barrel and the May natural gas contract was up six cents at US$1.84 per mmBTU.

The June gold contract was up US$5.60 at US$2,351.00 an ounce and the May copper contract was up four cents at US$4.28 a pound.

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

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

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