S&P/TSX composite falls more than 150 points, US stock markets mixed – Winnipeg Free Press

TORONTO – Canada’s main stock index was down more than 150 points in morning trading, weighed down by losses in the energy, telecommunications and financial sectors, while US stock markets posted mixed results.

The S&P/TSX Composite Index was down 156.60 points at 19,771.09.

In New York, the Dow Jones industrial average fell 119.48 points to 32,680.44. The S&P 500 Index rose 25.84 points to 4,141.08, while the Nasdaq Composite rose 198.40 points to 12,682.56.

The Canadian dollar traded at 73.37 US cents compared with 73.63 US cents on Wednesday.

The July crude contract was down $1.73 to $72.61 a barrel and the July natural gas contract was down nine cents at $2.48 a mmBTU.

The June gold contract was down $19.20 to $1,945.40 an ounce and the July copper contract was up four cents at $3.60 a pound.

This report by The Canadian Press was first published on May 25, 2023.

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