S&P/TSX Composite Down In Late-Morning Trading After Long Weekend
Canada’s main stock index was down in late-morning trading following the August long weekend, with the energy and base metals sectors driving it lower, while U.S. stock markets were mixed.
The S&P/TSX composite index was down 141.08 points at 19,551.84.
In New York, the Dow Jones industrial average was down 206.96 points at 32,591.44. The S&P 500 index was down 6.76 points at 4,111.87, while the Nasdaq composite was up 12.88 points at 12,381.86.
The Canadian dollar traded for 77.71 cents US compared with 77.98 cents US on Friday.
The September crude contract was up 30 cents at US$94.19 per barrel and the September natural gas contract was down 53 cents at US$7.76.
The October gold contract was up US$8.70 at US$1,777.70 an ounce and the September copper contract was down three cents at US$3.52 a pound.
This report by The Canadian Press was first published Aug. 2, 2022.
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