TSX slips on weaker commodity prices while loonie rises on strong jobs report

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TORONTO — Canada's main stock index slipped ever so slightly on lower commodity prices as it capped a record-setting week while the loonie rose on a strong jobs report for March.

The S&P/TSX composite index was down less than one point from the previous day's record close to reach 19,228.03.

In New York, the Dow Jones industrial average and S&P 500 reached unprecedented levels with the Dow up 297.03 points at 33,800.60 and the S&P 500 index up 31.63 points at 4,128.80. The Nasdaq composite climbed 70.88 points at 13,900.19.

The Canadian dollar traded for 79.72 cents US compared with 79.50 cents US on Thursday.

The May crude oil contract was down 28 cents at US$59.32 per barrel and the May natural gas contract was up 0.4 of a cent at nearly US$2.53 per mmBTU.

The June gold contract was down US$13.40 at US$1,744.80 an ounce and the May copper contract was down 5.5 cents at US$4.04 a pound.

This report by The Canadian Press was first published April 9, 2021.

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

The Canadian Press