S&P/TSX composite down nearly 140 points, U.S. stock markets mixed

By The Canadian Press on April 24, 2024.

The Bay Street Financial District is shown with the Canadian flag in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette

TORONTO – Canada’s main stock index erased its gains from the day before asindustrial and telecom stocks weighed on the market, while U.S. markets were mixed.

The S&P/TSX composite index closed down 138 points at 21,873.72.

In New York, the Dow Jones industrial average was down 42.77 points at 38,460.92.The S&P 500 index was up 1.08 points at 5,071.63, while the Nasdaq composite was up 16.11 points at 15,712.75.

The Canadian dollar traded for 72.94 cents US compared with 73.14 cents US on Tuesday.

The June crude oil contract was down 55 cents at US$82.81 per barrel and the May natural gas contract was down 16 cents at US$1.65 per mmBTU.

The June gold contract was down US$3.70 at US$2,338.40 an ounce and the July copper contract was up three cents at US$4.46 a pound.

This report by The Canadian Press was first published April 24, 2024.

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