The S&P/TSX composite edged lower in morning trade, with US markets mixed

TORONTO – While U.S. stock markets were mixed, weakness in several sectors, including financials, sent Canada's main stock index lower in morning trade.

The S&P/TSX composite was down 130.16 points at 21,610.04.

In New York, the Dow Jones industrial average rose 99.17 points to 37,834.28. The S&P 500 was down 7.06 points at 5,054.76, while the Nasdaq Composite was down 7.29 points at 15,877.73.

The Canadian dollar traded at 72.36 cents on Monday, compared with 72.65 US cents.

The May oil contract was up 15 cents at $85.56 a barrel, while the May natural gas contract was down two cents at $1.67 per mmBTU.

The June gold contract was up $22.90 at $2,405.90 an ounce, while the May copper contract was down 8 cents at $4.30 a pound.

This Canadian Press report was first published on April 16, 2024.

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

Canadian Press