Toronto stock index, loonie start week moderately lower as U.S. markets plunge
Posted December 24, 2018 10:16 am.
This article is more than 5 years old.
TORONTO — Canada’s main stock index and the loonie were moderately lower early Monday, continuing a downward trend that began last week and took the Canadian dollar to a 19-month low against the American dollar.
The Canadian dollar traded at 73.52 cents US, compared with average of 73.71 cents US on Friday.
The S&P/TSX composite index was down 97.26 points at 13,838.18 after the first half hour of a shortened trading day. The Toronto Stock Exchange closes at 1 p.m. and reopens Thursday after a two-day holiday.
In New York, the Dow Jones industrial average was down 337.23 points at 22,108.14. The S&P 500 index was down 36.13 points at 2,380.49, while the Nasdaq composite was down 96.11 points at 6,236.88.
The February crude contract was down 70 cents at US$44.89 per barrel and the February natural gas contract was down 25 cents at US$3.50 per mmBTU.
The February gold contract was up $10.30 at US$1,268.40 an ounce and the March copper contract was down one cent at US$2.66 a pound.
Index and currency in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press
