Energy and base metal stocks help lift S&P/TSX composite, U.S. stock markets down

TORONTO –

Strength in power and base steel shares helped carry Canada’s essential inventory index in late-morning buying and selling, whereas U.S. inventory markets edged decrease.

The S&P/TSX composite index was up 19.97 factors at 19,919.04.

In New York, the Dow Jones industrial common was down 3.85 factors at 34,761.89. The S&P 500 index was down 2.69 factors at 4,401.64, whereas the Nasdaq composite was down 58.45 factors at 13,416.18.

The Canadian greenback traded for 73.99 cents US in contrast with 73.98 cents US on Wednesday.

The October crude contract was up US$1.44 at US$80.46 per barrel and the September pure fuel contract was up six cents at US$2.65 per mmBTU (million British thermal models).

The December gold contract was down US$3.30 at US$1,925.00 an oz. and the September copper contract was up 4 cents at US$3.70 a pound.

This report by The Canadian Press was first printed Aug. 17, 2023.