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S&P/TSX composite closes down Friday along with U.S. markets

Written by on June 28, 2024

TORONTO — Canada’s main stock index closed lower Friday on broad-based losses, while U.S. stock markets also closed down despite earlier gains.

The S&P/TSX composite index ended down 66.37 points at 21,875.79 as energy and industrials fell.

In New York, the Dow Jones industrial average was down 45.20 points at 39,118.86. The S&P 500 index was down 22.39 points at 5,460.48, while the Nasdaq composite was down 126.08 points at 17,732.60.

The Canadian dollar traded for 73.06 cents US compared with 73.05 cents US on Thursday.

The August crude oil contract was down 20 cents at US$81.54 per barrel and the August natural gas contract was down eight cents at US$2.60 per mmBTU.

The August gold contract was up $3 at US$2,339.60 an ounce and the September copper contract was up four cents at US$4.39 a pound.

This report by The Canadian Press was first published June 28, 2024.

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

The Canadian Press