S&P/TSX composite flat on Wednesday, U.S. stock markets fall

By The Canadian Press on April 17, 2024.

A Canadian flag flies in the Bay Street financial district in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette

TORONTO – Canada’s main stock index was flat on Wednesday, helped by strength in battery metal and technology stocks, while U.S. stock markets moved lower.

The S&P/TSX composite index was up 13.18 points at 21,656.05.

In New York, the Dow Jones industrial average was down 45.66 points at 37,753.31. The S&P 500 index was down 29.20 points at 5,022.21, while the Nasdaq composite was down 181.88 points at 15,683.37.

The Canadian dollar traded for 72.50 cents US compared with 72.35 cents US on Tuesday.

The May crude oil contract was down US$2.67 at US$82.69 per barrel and the May natural gas contract was down two cents at US$$1.71 per mmBTU.

The June gold contract was down US19.40 at US$2,388.40 an ounce and the May copper contract was up four cents at US$4.34 a pound.

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

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