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TSX slides in mixed day that saw key sectors offset defensive gains


The Canadian Press
Published Monday, May 27, 2019 11:37PM EDT
Last Updated Tuesday, May 28, 2019 5:11PM EDT

TORONTO -- Canada's main stock index slid in a mixed day with the key energy, industrials and financials sectors offsetting gains in technology and a couple of defensive areas.

The S&P/TSX composite index closed down 49.20 points to 16,297.46.

In New York, the Dow Jones industrial average was down 237.92 points at 25,347.77. The S&P 500 index was down 23.67 points at 2,802.39, while the Nasdaq composite was down 29.66 points at 7,607.35.

The Canadian dollar traded at an average of 74.20 cents US compared with an average of 74.39 cents US on Monday.

The July crude contract was up 51 cents at US$59.14 per barrel and the July natural gas contract was down 2.7 cents at US$2.58 per mmBTU.

The June gold contract was down US$6.50 at US$1,277.10 an ounce and the July copper contract was up 0.35 of a cent at US$2.70 a pound.

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