In very early trading, the index (TSX:Composite) rose above the psychological mark before pulling back. The index ultimately ended the day down more than 21 points at 9947.57.
The energy sector, driven by high prices for oil, has been a chief factor in the recent advance of the TSX.
But on Friday, despite the future price of oil hitting a record $58.47 US a barrel, the TSX energy sub-index slid 0.44 points to close at 264.26. That's up four per cent from 254.03 a week ago.
Five years ago, technology stocks were the main force behind the index's advance above 10,000.
In New York, the Dow Jones was up more than 44 points at 10623.07, while Nasdaq was up 0.96 points at 2090.11.
The oil price rise was attributed to a fear that U.S. refineries wouldn't be able to meet over the summer, the height of the driving season.
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Lang & O'Leary Exchange
Markets
| Index | Last Trade | Change |
|---|---|---|
| TSX COMPOSITE | 12389.42 | -108.52 |
| DOW | 12801.23 | -89.23 |
| NASDAQ | 2903.88 | -23.35 |
| SP 500 | 1342.64 | -9.31 |
| NYSE COMPOSITE | 7992.05 | -89.2 |
| AMEX | 2417.98 | -18.65 |
| TSX-VENTURE | 1653.55 | -11.27 |
The data on this site is informational only and may be delayed; it is not intended as trading or investment advice and you should not rely on it as such.
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