S&P/TSX composite down more than 100 points, U.S. stock markets mixed
Written by The Canadian Press on May 28, 2024
TORONTO — Losses in industrial, utility and financial stocks weighed on the Toronto stock market as Canada’s main stock index fell more than 100 points Tuesday, while U.S. stock markets were mixed.
The S&P/TSX composite index closed down 108.33 points at 22,265.05.
In New York, the Dow Jones industrial average was down 216.73 points at 38,852.86. The S&P 500 index was up 1.32 points at 5,306.04, while the Nasdaq composite was up 99.09 points at 17,019.88.
The Canadian dollar traded for 73.32 cents US compared with 73.34 cents US on Monday.
The July crude oil contract traded for US$79.83 per barrel, up US$2.11 from its settlement price Friday, and the June natural gas contract traded for US$2.59 per 1,000 cubic feet, up seven cents from Friday.
The June gold contract was up US$22 from its Friday settlement price to trade for US$2,356.50 an ounce, while the July copper contract was up 11 cents from Friday at US$4.86 a pound.
This report by The Canadian Press was first published May 28, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press