May 4, 2024
Tech and energy stocks lift S&P/TSX composite, U.S. stock markets mixed  | Globalnews.ca

Tech and energy stocks lift S&P/TSX composite, U.S. stock markets mixed | Globalnews.ca

Strength in the technology and energy stocks helped lift Canada’s main stock index higher in late-morning trading, while U.S. stock markets put in a mixed showing.

The S&P/TSX composite index was up 58.36 points at 19,791.45.

In New York, the Dow Jones industrial average was down 139.31 points at 33,787.43. The S&P 500 index was down 3.17 points at 4,375.24, while the Nasdaq composite was up 47.04 points at 13,602.71.

The Canadian dollar traded for 75.49 cents US compared with 75.90 cents US on Tuesday.

The August crude contract was up US$1.15 at US$68.85 per barrel and the August natural gas contract was down three cents at US$2.76 per mmBTU.

The August gold contract was down US$6.00 at US$1,917.80 an ounce and the September copper contract was down five cents at US$3.74 a pound.

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