S&P/TSX composite up in early trading while U.S. stock markets pull back

TORONTO — The financial and metal and mining sectors helped lift Canada’s main stock index in early trading, while U.S. stock markets pulled back.

The S&P/TSX composite index was up 20.89 points to 16,319.06.

The Dow Jones industrial average was down 158.97 points to 28,231.21. The S&P 500 index was down 16.78 points to 3,493.67, while the Nasdaq composite was down 105.16 points to 11,785.74.

The Canadian dollar was trading at 76.54 cents US compared to an average of 76.62 cents US on Thursday.

The December crude contract was down 75 cents at US$38.04 per barrel and the December natural gas contract was down a penny at US$2.93 per mmBTU.

The December gold contract was up US$7.70 at US$1,954.50 an ounce and the December copper contract was up six cents at US$3.17 a pound.

This report by The Canadian Press was first published Nov. 6, 2020.

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

The Canadian Press