Energy weakness weighs on S&P/TSX composite, while U.S. stock markets rise

TORONTO — Weakness in energy stocks weighed on Canada's main stock index Monday, while U.S. markets edged higher to start off the week.

The S&P/TSX composite index closed down 80.91 points at 19,743.94.

In New York, the Dow Jones industrial average was up 34.54 points at 34,095.86. The S&P 500 index was up 7.64 points at 4,365.98,while the Nasdaq composite was up 40.50 points at 13,518.78.

The Canadian dollar traded for 73.12 cents UScompared with 73.08 cents US on Friday.

The December crude oil contract was up 31 cents at US$80.82 per barreland the December natural gas contract was down 25 cents at US$3.26 per mmBTU.

The December gold contract was down US$10.60 at US$1,988.60 an ounce and the December copper contract was up nearly four cents at US$3.72 a pound.

This report by The Canadian Press was first published Nov. 6, 2023.

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

The Canadian Press