S&P/TSX composite edges lower in late-morning trading, U.S. stock markets mixed

TORONTO — Canada’s main stock index edged lower in late-morning trading after closing at a record high on Thursday, while U.S. stock markets were mixed. 

The S&P/TSX composite index was down 1.12 points at 22,374.71.

In New York, the Dow Jones industrial average was up 64.46 points at 39,452.22. The S&P 500 index was up 1.45 points at 5,215.53, while the Nasdaq composite was down 22.52 points at 16,323.75.

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The Canadian dollar traded for 73.17 cents US compared with 73.04 cents US on Thursday.

The June crude oil contract was down seven cents at US$79.19 per barrel and the June natural gas contract was down less than a penny at US$2.30 per mmBTU.

The June gold contract was up US$24.80 at US$2,365.10 an ounce and the July copper contract was up four cents at US$4.63 a pound.

This report by The Canadian Press was first published May 10, 2024.

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

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The Canadian Press

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