TSX ends worst month of 2019 lower amid new U.S. tariffs on Mexican imports

S&P/TSX composite index closed down 51.75 points on Friday

Canada’s main stock index ended its worst month of the year by falling in the wake of U.S. plans to impose tariffs on Mexican imports.

The S&P/TSX composite index closed down 51.75 points to 16,037.49.

In New York, the Dow Jones industrial average was down 354.84 points at 24,815.04. The S&P 500 index was down 36.80 points at 2,752.06, while the Nasdaq composite was down 114.57 points at 7,453.15.

The Canadian dollar traded at an average of US73.93¢ compared with an average of US74.07¢ on Thursday.

The July crude contract was down US$3.09 at US$53.50 per barrel and the July natural gas contract was down US9.3¢ at US$2.45 per mmBTU.

The August gold contract was up US$18.70 at US$1,311.10 an ounce and the July copper contract was down US1.4¢ at US$2.64 a pound.