S&P/TSX composite down in late morning trading, U.S. stock markets edge higher

Canada’s major stock indices fell in late-night trading, weighed down by losses in the energy, base metals and financials sectors, while US stock markets rose.

The S&P/TSX Composite Index was down 43.16 points to 20,209.48.

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In New York, the Dow Jones Industrial Average rose 22.34 points to 33,151.93. The S&P 500 Index rose 0.23 points to 3,997.57 and the Nasdaq Composite Index rose 7.20 points to 11,499.50.

The Canadian dollar traded at 73.80 cents compared to 73.99 cents on Tuesday.

April crude oil contracts fell US$1.71 to US$74.65 per barrel, while April natural gas contracts rose 15 cents to US$2.33 per mmBTU.

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The April gold contract rose $2.90 to $1,845.40 an ounce and the March copper contract fell 6 cents to $4.16 an ounce.

© 2023 The Canadian Press

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