Technology stocks down as S&P/TSX composite falls, U.S. stock markets mixed

TORONTO –

Canada’s main stock index was down in late-morning trading as losses in technology stocks helped lead the way lower, while U.S. markets were mixed.

The S&P/TSX composite index was down 39.64 points at 20,653.51.

In New York, the Dow Jones industrial average was up 8.18 points at 33,817.14. The S&P 500 index was down 7.66 points at 4,125.86, while the Nasdaq composite was down 73.09 points at 11,999.37.

The Canadian dollar traded for 73.84 cents US compared with 73.86 cents US on Friday.

The June crude contract was up 41 cents at US$78.28 per barrel and the June natural gas contract was up a penny at US$2.42 per mmBTU.

The June gold contract was up US$3.50 at US$1,994.00 an ounce and the May copper contract was down three cents at US$3.96 a pound.

This report by The Canadian Press was first published April 24, 2023