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S&P/TSX composite moves lower Thursday, U.S. stock markets mixed

Written by on September 5, 2024

TORONTO — Canada’s main stock index moved lower on Thursday as energy, industrial and tech stocks weighed on the market, while U.S. markets were mixed.

The S&P/TSX composite index closed down 52.48 points at 22,988.28.

In New York, the Dow Jones industrial average was down 219.22 points at 40,755.75. The S&P 500 index was down 16.66 points at 5,503.41, while the Nasdaq composite was up 43.36 points at 17,127.66.

The Canadian dollar traded for 74 cents US compared with 73.94 cents US on Wednesday.

The October crude oil contract was down less than a penny at US$69.15 per barrel and the October natural gas contract was up 10 cents at US$2.25 per mmBTU.

The December gold contract was up US$17.10 at US$2,543.10 an ounce and the December copper contract was up six cents at US$4.14 a pound.

This report by The Canadian Press was first published Sept. 5, 2024.

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

The Canadian Press