Written by 2:54 pm Ontario Views: 0

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

TORONTO — Canada’s main stock index ticked lower in early trading, weighed down by losses in the financial and industrial sectors, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 14.93 points at 16,560.35.

In New York, the Dow Jones industrial average was down 72.46 points at 27,904.38. The S&P 500 index was down 2.26 points at 3,378.09, while the Nasdaq composite was up 59.62 points at 11,071.86.

The Canadian dollar traded for 75.65 cents US compared with 75.45 cents US on Wednesday.

The September crude contract was down 16 cents at US$42.51 per barrel and the September natural gas contract was up less than a penny at US$2.15 per mmBTU.

The December gold contract was down US$2.30 at US$1,946.70 an ounce and the September copper contract was down nearly six cents at US$2.84 a pound.

This report by The Canadian Press was first published Aug. 13, 2020.

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

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The Canadian Press

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