S&P/TSX composite, U.S. markets end the Friday trading day lower - BNN Bloomberg
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Article Excerpt
TORONTO — Stock markets in Toronto and New York closed in the red on Friday after another economic report signalled the U.S. economy might be slowing.
“The market is in a bit of a profit-taking mode after a very strong run,” said Lesley Marks, chief investment officer of equities at Mackenzie Investments.
But she said weaker retail sales in the U.S., which came as a surprise, acted as a catalyst for the decline on the markets.
Real-time TSX market updates here
The S&P/TSX composite index was down 29.02 points at 36,730.27.
In New York, the Dow Jones industrial average was down 107.58 poi…
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