June 25th, 2024

S&P/TSX composite index weighed down by energy, U.S. markets rise

By The Canadian Press on June 4, 2024.

The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, Nov. 11, 2022. THE CANADIAN PRESS/Tijana Martin

TORONTO – Weakness in energy and base metals led Canada’s main stock index to a loss Tuesday, while U.S. markets rose.

The S&P/TSX composite index was down 138.51 points at 21,978.18.

In New York, the Dow Jones industrial average was up 140.26 points at 38,711.29. The S&P 500 index was up 7.94 points at 5,291.34,while the Nasdaq composite was up 28.38 points at 16,857.05.

The Canadian dollar traded for 73.09 cents UScompared with 73.34 cents US on Monday.

The July crude oil contract was down 97 cents at US$73.25 per barrel and the July natural gas contract was down 17 cents at US$2.59 per 1,000 cubic feet.

The August gold contract was down US$21.90 at US$2,347.40 an ounceand the July copper contract was down 13 cents at US$4.54 a pound.

This report by The Canadian Press was first published June 4, 2024.

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

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