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S&P/TSX composite slips lower Tuesday, U.S. markets mixed

Written by on September 17, 2024

TORONTO — Canada’s main stock index slipped lower Tuesday despite strength in energy stocks, while U.S. markets were mixed but more or less flat one day before an interest rate decision from the U.S. Federal Reserve.

The S&P/TSX composite index closed down 24.37 points at 23,677.70.

In New York, the Dow Jones industrial average was down 15.90 points at 41,606.18. The S&P 500 index was up 1.49 points at 5,634.58, while the Nasdaq composite was up 35.93 points at 17,628.06.

The Canadian dollar traded for 73.55 cents US compared with 73.57 cents US on Monday.

The November crude oil contract was up 94 cents at US$69.96 per barrel and the October natural gas contract was down five cents at US$2.32 per mmBTU.

The December gold contract was down US$16.50 at US$2,592.40 an ounce and the December copper contract was essentially unchanged at US$4.27 a pound.

This report by The Canadian Press was first published Sept. 17, 2024.

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

The Canadian Press