July 26th, 2024

S&P/TSX composite dragged lower by energy stocks, U.S. stock markets mixed

By The Canadian Press on April 11, 2024.

A street sign along Bay Street in Toronto's financial district is shown on Tuesday, Jan. 12, 2021. THE CANADIAN PRESS/Nathan Denette

TORONTO – Canada’s main stock index moved down Thursday, led lower by weakness in energy and industrial stocks, while U.S. markets were mixed but largely positive as tech stocks rose.

The S&P/TSX composite index closed down 89.02 points at 22,110.11.

In New York, the Dow Jones industrial average was down 2.43 points at 38,459.08. The S&P 500 index was up 38.42 points at 5,199.06, while the Nasdaq composite was up 271.84 points at 16,442.20.

The Canadian dollar traded for 73.04 cents US compared with 73.15 cents US on Wednesday.

The May crude contract was down US$1.19 at US$85.02 per barreland the May natural gas contract was down 13 cents at US$1.76 per mmBTU.

The June gold contract was up US$24.30 at US$2,372.70 an ounceand the May copper contract was down three cents at US$4.25 a pound.

This report by The Canadian Press was first published April 11, 2024.

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

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