Markets closed modestly lower on Thursday, pushing the S&P/TSX Composite Index into negative territory for the year. In the session, losses were primarily in producer manufacturing, consumer durables and materials, offset by large gains in tech, while commercial services and tech services followed more distantly. At midday, Canada's S&P/TSX Composite Index inched 0.03% lower to 20913.21 and the blue-chip S&P/TSX 60 was flat at 1264.10. Magna International's shares fell by 7.6% to 72.87 Canadian dollars after the automotive parts supplier's earnings for the latest quarter fell short of expectations. Write to Adriano Marchese at adriano.marchese@wsj.com(END) Dow Jones NewswiresFebruary 09, 2024 12:15 ET (17:15 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.

Source: Wall Street Journal February 09, 2024 17:52 UTC