S&P/TSX composite down almost 1%, U.S. stock markets also fall

By The Canadian Press on April 12, 2024.

TORONTO – Canada’s main stock index lost almost one per cent on Friday as the market saw broad-based weakness, while U.S. markets also fell.

The S&P/TSX composite index closed down 210.12 points at 21,899.99.

In New York, the Dow Jones industrial average was down 475.84 points at 37,983.24. The S&P 500 index was down 75.65 points at 5,123.41, while the Nasdaq composite was down 267.10 points at 16,175.09.

The Canadian dollar traded for 72.64 cents US compared with 73.04 cents US on Thursday.

The May crude contract was up 64 cents at US$85.66 per barreland the May natural gas contract was up one cent at US$1.77 per mmBTU.

The June gold contract was up US$1.40 at US$2,374.10 an ounce and the May copper contract was up one cent at US$4.26 a pound.

This report by The Canadian Press was first published April 12, 2024.

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

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