S&P/TSX composite posts small gain Friday, U.S. markets down

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TORONTO — Strength in the energy sector helped Canada's main stock index post a small gain Friday, while U.S. stock markets were down.

The S&P/TSX composite index closed up 53.97 points at 20,351.06.

In New York, the Dow Jones industrial average was down 109.28 points at 33,426.63.The S&P 500 index was down 6.07 points at 4,191.98, while the Nasdaq composite was down 30.94 points at 12,657.90.

The Canadian dollar traded for 74.06 cents US compared with 74.07 cents US on Thursday.

The July crude contract was down 25 cents at US$71.69 per barreland the June natural gas contract was down less than a penny cents at US$2.59 per mmBTU.

The June gold contract was up US$21.80 at US$1,981.60 an ounce and the July copper contract was up four cents at US$3.73 a pound.

This report by The Canadian Press was first published May 19, 2023.

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

The Canadian Press