S&P/TSX composite edges lower in early trading, U.S. stock markets mixed

TORONTO — Canada’s main stock index edged lower in early trading amid weakness in the metals and mining sector, while U.S. stock markets mixed.

The S&P/TSX composite index was down 6.36 points at 17,951.73.

In New York, the Dow Jones industrial average was down 177.28 points at 30,814.24. The S&P 500 index was down 12.96 points at 3,782.58, while the Nasdaq composite was up 10.78 points at 13,123.42.

The Canadian dollar traded for 78.60 cents US compared with 79.03 cents US cents US on Thursday.

The March crude oil contract was down 77 cents at US$52.85 per barrel and the February natural gas contract was up 12 cents at US$2.79 per mmBTU.

The February gold contract was down US$9.90 at US$1,841.50 an ounce and the March copper contract was down six cents at US$3.60 a pound.

This report by The Canadian Press was first published Jan. 15, 2021.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press