May 18th, 2024

S&P/TSX composite edges lower Friday, U.S. stock markets mixed

By The Canadian Press on May 10, 2024.

The Bay Street financial district is shown with a Canadian flag in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette

TORONTO – Canada’s main stock index edged lower Friday after closing at a record high the day before, while U.S. stock markets were mixed.

The S&P/TSX composite index closed down 66.90 points at 22,308.93.

In New York, the Dow Jones industrial average was up 125.08 points at 39,512.84.The S&P 500 index was up 8.60 points at 5,222.68, while the Nasdaq composite was down 5.40 points at 16,340.87.

The Canadian dollar traded for 73.18 cents US compared with 73.04 cents US on Thursday.

The June crude oil contract was down US$1.00 at US$78.26 per barreland the June natural gas contract was down five cents at US$2.25 per 1,000 cubic feet.

The June gold contract was up US$34.70 at US$2,375 an ounce and the July copper contract was up seven cents at US$4.66 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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