S&P/TSX composite down in early trading, U.S. stock markets also trade lower
Posted August 20, 2020 9:47 am.
Last Updated August 20, 2020 9:54 am.
This article is more than 5 years old.
TORONTO — Canada’s main stock index was down in early trading, weighed down by losses in the key financial, energy and industrial sectors.
The S&P/TSX composite index was down 74.69 points at 16,502.69.
In New York, the Dow Jones industrial average was down 108.25 points at 27,584.63. The S&P 500 index was down 8.84 points at 3,366.01, while the Nasdaq composite was down 0.92 of a point at 11,145.54.
The Canadian dollar traded for 75.56 cents US compared with 75.92 cents US on Wednesday.
The October crude contract was down US$1.13 at US$41.98 per barrel and the September natural gas contract was down a penny at US$2.41 per mmBTU.
The December gold contract was down US$33.40 at US$1,936.90 an ounce and the September copper contract was down nearly five cents at US$2.97 a pound.
This report by The Canadian Press was first published Aug. 20, 2020.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
The Canadian Press
