Decline in Late Morning Trading: S&P/TSX Composite Sees Decrease as Industrials and Financials Dip

Losses in the industrial and financial sectors contributed to the decline of Canada’s main stock index in late morning trading, while energy stocks were also affected by the decrease in oil prices.

The S&P/TSX composite index was down 48.22 points at 19,927.15.

U.S. stock markets are closed for the Juneteenth federal holiday in the United States.

The Canadian dollar traded for 75.73 cents US compared with 75.77 cents US on Friday.

The August crude contract was down 47 cents at US$71.46 per barrel and the July natural gas contract was up four cents at US$2.68 per mmBTU.

The August gold contract was down US$6.30 at US$1,964.90 an ounce and the July copper contract was down three cents at US$3.86 a pound.

&copy 2023 The Canadian Press

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