S&P/TSX composite edges lower in late morning trading, U.S. stock markets down

By Staff The Canadian Press Posted March 1, 2023 11:47 am The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, Nov. 11, 2022. THE CANADIAN PRESS/ Tijana Martin. TIJ Canada’s main stock index edged lower in late-morning trading as losses in the financial and technology sectors weighed against gains in the energy stocks, while U.S. stock markets were in the red. The S&P/TSX composite index was down 3.50 points at 20,217.69.In New York, the Dow Jones industrial average was down 130.68 points at 32,526.02. The S&P 500 index was down 28.14 points at 3,942.01, while the Nasdaq composite was down 105.20 points at 11,350.34. Trending Now The Canadian dollar traded for 73.42 cents US compared with 73.48 cents US on Tuesday.The April crude contract was up 46 cents at US$77.51 per barrel and the April natural gas contract was down four cents at US$2.71 per mmBTU. Story continues below advertisement The April gold contract was up US$10.20 at US$1,846.90 an ounce and the May copper contract was up five cents at US$4.14 a pound. &copy 2023 The Canadian Press Sponsored content Flyers