S&P/TSX composite down 160 points as energy stocks move lower, U.S. markets fall

By The Canadian Press on April 15, 2024.

TORONTO – Canada’s main stock index lost almost 160 points on Monday, weighed down by weakness in energy stocks, while U.S. markets also fell, led by a 1.8 per cent drop on the Nasdaq.

The S&P/TSX composite index closed down 159.79 points at 21,740.20.

In New York, the Dow Jones industrial average was down 248.13 points at 37,735.11.The S&P 500 index was down 61.59 points at 5,061.82, while the Nasdaq composite was down 290.08 points at 15,885.02.

The Canadian dollar traded for 72.65 cents US compared with 72.64 cents on Friday.

The May crude oil contract was down 25 cents US at US$85.41 per barrel and the May natural gas contract was down eight cents at US$1.69 per mmBTU.

The June gold contract was up US$8.90 at US$2,383 an ounce and the May copper contract was up 12 cents at US$4.38 a pound.

This report by The Canadian Press was first published April 15, 2024.

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

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