June 16th, 2024

S&P/TSX composite index down more than 200 points Friday, U.S. markets retreat

By The Canadian Press on June 7, 2024.

The Bay Street Financial District is shown next to the CN Tower in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette

TORONTO – Canada’s main stock index fell one per cent Friday, led by industrials, utilities and base metals, while U.S. markets retreated.

The S&P/TSX composite index closed down 222.10 points at 22,007.00.

In New York, the Dow Jones industrial average was down 87.18 points at 38,798.99.The S&P 500 index was down 5.97 points at 5,346.99, while the Nasdaq composite was down 40.00 points at 17,133.13.

The Canadian dollar traded for 72.78 cents US compared with 73.07 cents US on Thursday.

The July crude oil contract was down two cents at US$75.53 per barrel and the July natural gas contract was up 10 cents at US$2.92 per 1,000 cubic feet.

The August gold contract was down US$65.90 at US$2,325.00 an ounce and the July copper contract was down 20 cents at US$4.48 a pound.

This report by The Canadian Press was first published June 7, 2024.

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

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