North American stock markets extremely volatile but end day relatively flat

The TSX closed down 37.07 points on Thursday

Trading on North American stock markets was volatile as the impact from the Covid-19 pandemic continues to spook investors.

The S&P/TSX composite index closed down 37.07 points at 14,251.09.

In New York, the Dow Jones industrial average was up 39.44 points at 23,515.26. The S&P 500 index was down 1.51 points at 2,797.80, while the Nasdaq composite was down 0.63 of a point at 8,494.75.

The Canadian dollar traded for US71.11¢ compared with an average of US70.65¢ on Wednesday.

The June crude oil contract was up US$2.72 at US$16.50 per barrel and the June natural gas contract was down 11.1 cents at US$1.94 per mmBTU.

The June gold contract was up US$7.10 at US$1,745.40 an ounce and the May copper contract was up 2.2 cents at US$2.31 a pound.