Friday, November 8, 2024

S&P/TSX composite index down more than 100 points Friday morning, U.S. markets mixed

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TORONTO — Losses in the energy and base metal sectors led Canada’s main stock index lower in late-morning trading on Friday, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 138.12 points at 24,707.81.

In New York, the Dow Jones industrial average was up 310.62 points at 44,039.96. The S&P 500 index was up 22.25 points at 5,995.35, while the Nasdaq composite was down 16.30 points at 19,253.16.

The Canadian dollar traded for 71.91 cents US compared with 72.12 cents US on Thursday.

The December crude oil contract was down US$2.08 at US$70.28 per barrel and the December natural gas contract was up two cents at US$2.72 per mmBTU.

The December gold contract was down US$11.70 at US$2,694.10 an ounce and the December copper contract was down 12 cents at US$4.32 a pound.

This report by The Canadian Press was first published Nov. 8, 2024.

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

The Canadian Press

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