06/01/2016 07:40 EDT | Updated 06/02/2017 01:12 EDT

Resource stocks lead TSX lower in modest decline, loonie up; New York mixed

TORONTO — The Toronto Stock Exchange fell moderately this morning as the resource sectors declined.

The S&P/TSX composite index was down 47.29 points at 14,018.49. About half the subindexes made slight gains but they were offset by losses in the energy, mining and materials sectors

In New York, the Dow Jones industrial average was down 29.58 points at 17,757.55 and the broader S&P 500 composite index slipped 1.14 points to 2,095.82, while the Nasdaq composite gained 2.97 points to 4,951.03.

The Canadian dollar was up 0.17 of a U.S. cent at 76.46 cents US.

The July crude contract shed 13 cents to US$48.97 a barrel,  while July natural gas was up 5.7 cents at US$2.34 per mmBTU.

The August gold contract was down $5.70 at US$1,211.50 a troy ounce and July copper fell 3.2 cents  to US$2.06 a pound.