S&P/TSX composite down, U.S. markets mixed

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TORONTO – Canada’s main stock index fell in late-morning trading while U.S. markets were mixed.

The S&P/TSX composite index was down 113.74 points at 20,104.47.

In New York, the Dow Jones industrial average was down 44 points at 35,238.52. The S&P 500 index was down 12.97 points at 4,500.42, while the Nasdaq composite was up 11.73 points at 13,985.17.

A currency trader passes by screens showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Aug. 3, 2023. Asian stock markets followed Wall Street lower on Thursday after Fitch Ratings cut the United States government

A currency trader passes by screens showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Aug. 3, 2023. Asian stock markets followed Wall Street lower on Thursday after Fitch Ratings cut the United States government’s credit rating.TYHE CANADIAN PRESS/AP-Ahn Young-joon

The Canadian dollar traded for 74.99 cents US compared with 74.99 cents US on Wednesday.

The September crude oil contract was up US$1.58 at US$81.04 per barrel and the September natural gas contract was up eight cents at US$2.55 per mmBTU.

The December gold contract was down US$1.30 at US$1,973.70 an ounce and the September copper contract was up four cents at US$3.88 a pound.

This report by The Canadian Press was first published Aug. 3, 2023.

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

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