TORONTO — Canada’s main stock index closed lower Friday, weighed down by losses in base metal stocks, while U.S. stock markets were mixed.
TORONTO — Canada’s main stock index closed lower Friday, weighed down by losses in base metal stocks, while U.S. stock markets were mixed.
Markets were generally in a slight retreat as there was little to push them higher, said Ilana Schonwetter, investment advisor and portfolio manager at BlueShore Financial.
“The markets have had such a tremendous run up that what we need now is good news to push things up,” she said.
“In other words, when there is no good news to be had, the market tends to go a little sideways or a little bit of profit taking as well.
The S&P/TSX composite index ended down 26.49 points at 21,554.86.
In New York, the Dow Jones industrial average closed up 15.57 points at 39,150.33. The S&P 500 index was down 8.55 points at 5,464.62, while the Nasdaq composite was…
