TORONTO — Canada's main stock index moved lower Friday, weighed down by base metals and energy stocks as the price of oil fell, while U.S. markets cruised to close Wall St.'s best week this year on a wave of post-election bets.
The S&P/TSX composite index closed down 86.53 points at 24,759.40.
In New York, the Dow Jones industrial average was up 259.65 points at 43,988.99. The S&P 500 index was up 22.44 points at 5,995.54, while the Nasdaq composite was up 17.32 points at 19,286.78.
The Canadian dollar traded for 71.88 cents US compared with 72.12 cents US on Thursday.
The December crude oil contract was down US$1.98 at US$70.38 per barrel and the December natural gas contract was down two cents at US$2.67 per mmBTU.
The December gold contract was down US$11.00 at US$2,694.80 an ounce and the December copper contract was down 12 cents at US$4.31 a pound.
This report by The Canadian Press was first published Nov. 8, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press
