Stock market today: S&P/TSX composite down in late-morning trading, U.S. stock markets mixed

Canada's main stock index was lower in late-morning trading, weighed down by losses in the technology sector, while U.S. stock markets were mixed.
The S&P/TSX composite index was down 21.42 points at 20,034.18.
In New York, the Dow Jones industrial average was up 14.58 points at 33,587.86. The S&P 500 index was down 6.23 points at 4,277.62, while the Nasdaq composite was down 59.51 points at 13,216.91.
The Canadian dollar traded for 74.89 cents US compared with 74.52 cents US on Tuesday.
The July crude contract was up 74 cents at US$72.48 per barrel and the July natural gas contract was up three cents at U$2.29 per mmBTU (million British thermal units).
The August gold contract was down US$9.20 at US$1,972.30 an ounce and the July copper contract was down less than a penny at US$3.77 a pound.
This report by The Canadian Press was first published June 7, 2023.
YOUR FINANCES

Statistics Canada says household debt ratio down in Q2 as income grew
Statistics Canada says the amount Canadians owe relative to how much they earn fell in the second quarter as disposable income comfortably outpaced the growth in debt and demand for mortgages fell.

How electric vehicle insurance compares to gasoline-powered vehicles
As Canada ushers in the era of electric vehicles, here's what costs and factors you should consider before making the switch.

OPINION 6 ways to prepare your finances for a potential recession
Despite Canada's economic resilience in the face of rising interest rates, it's still important to be prepared in case a recession hits. In a column for CTVNews.ca, personal finance contributor Christopher Liew shares some practical tips and actionable advice to better weather any economic storm.
Back-to-school: Parents offer tips on how they save during annual shopping spree
A new survey found 46 per cent of Canadians are more worried about their finances during this back-to-school season than in previous years.
opinion Canada can dodge a recession, but it could still happen; here's why
In his column for CTVNews.ca, personal finance contributor Christopher Liew outlines how Canada might avoid a recession, as well as some risks that could contribute to one.
Budgeting important part of RESP spending plan as students head to school
Parents across the country are getting ready to tap into registered education savings plans to help pay for their children's post-secondary schooling this fall.
Turning to dollar stores for groceries? Here's what a dietician recommends
As Canadians continue to feel the financial toll of inflation while grocery shopping, one registered dietitian offers practical tips for cutting costs at dollar stores, without compromising nutrition.
OPINION Financial tips for newcomers to Canada, from an expert
For those who have recently immigrated to Canada, it's important to learn the basics of how the country's financial system works. Personal finance contributor Christopher Liew shares some financial tips around how to open a bank account, build your credit and file your taxes as a newcomer.
CTVNews.ca Top Stories

Class-action lawsuit seeks compensation for Canadian consumers who bought Cold-FX products
A Canadian class-action lawsuit alleges the effectiveness of Cold-FX products was falsely advertised, and seeks compensation for anyone who bought the products.
Health Canada approves Pfizer's new COVID-19 vaccine targeting Omicron XBB.1.5 subvariant
Health Canada has given its stamp of approval to the use of Pfizer-BioNTech Comirnaty's new COVID-19 vaccine that targets the Omicron XBB.1.5 subvariant.
These are Canada's most popular baby names
Looking for baby name inspiration? A recent list of the top 20 baby names in 2022 may help with your search.
Man arrested in killing of 26-year-old U.S. entrepreneur whose tech startup earned her national recognition
A man was arrested in the killing of a Baltimore tech entrepreneur who had built a successful startup that earned her national recognition, police said early Thursday.
16-year-old boy arrested in England over the 'deliberate' felling of a famous tree at Hadrian's Wall
A 16-year-old boy was arrested Thursday in northern England in connection with what authorities described as the "deliberate" felling of a famous tree that had stood for nearly 200 years next to the Roman landmark Hadrian's Wall.
Condolences, favourite memories of Michael Gambon pour in from fans, fellow actors
Fans and fellow actors are sharing fond memories of Michael Gambon, a star of the 'Harry Potter' film franchise who died at the age of 82.
WATCH COVID-19 in Ontario: 'We're definitely seeing a surge,' warns ER doctor
As health-care workers in British Columbia receive notifications they will once again be expected to wear masks in medical settings, an emergency room doctor is urging Ontario to follow suit, warning that infections are on the rise across the province.
Here's where the record-breaking Lotto 6/49 Gold Ball ticket was sold
The location where a historic lottery ticket was sold was revealed Thursday morning.
WATCH Why no 'deep, dark recession' is expected in Canada
A new forecast from Deloitte predicts that Canada's economic struggles will begin to ease next year and by 2025 the Bank of Canada may even begin cutting the key lending rate.