May 30th, 2024

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

By The Canadian Press on May 13, 2024.

Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020. THE CANADIAN PRESS/Nathan Denette

TORONTO – Canada’s main stock index moved lower Monday while U.S. markets were mixed ahead of major economic data reports coming later this week.

The S&P/TSX composite index closed down 49.76 points at 22,259.17.

In New York, the Dow Jones industrial average was down 81.33 points at 39,431.51. The S&P 500 index was down 1.26 points at 5,221.42, while the Nasdaq composite was up 47.37 points at 16,388.24.

The Canadian dollar traded for 73.14 cents UScompared with 73.18 cents US on Friday.

The June crude oil contract was up 86 cents at US$79.12 per barrel and the June natural gas contract was up 13 cents at US$2.38 per 1,000 cubic feet.

The June gold contract was down US$32 at US$2,343 an ounceand the July copper contract was up 10 cents at US$4.76 a pound.

This report by The Canadian Press was first published May 13, 2024.

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

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