Stock indexes lower in post-holiday trading, loonie falls further

Stock indexes lower in post-holiday trading, loonie falls further

TORONTO — Stock market indexes were down across the board in the first day of trading since the holiday weekend.

The S&P/TSX composite index was down 79.05 points at 16,183.83, adding to a 108.67-point decline on Friday amid uncertainty about Canada’s trade talks with the United States.

In New York, the Dow Jones industrial average was down 53.98 points at 25,910.84. The S&P 500 index was down 5.31 points at 2,896.21, while the Nasdaq composite was down 18.72 points at 8,090.81.

The Canadian dollar traded down at 75.80 cents US compared with an average of 76.60 cents US on Friday.

The October crude contract was up 22 cents at US$70.02 per barrel and the October natural gas contract was down 7.2 cents at US$2.84 per mmBTU.

The December gold contract was down US$8.80 at US$1,197.90 an ounce and the December copper contract was down 7.8 cents at US$2.59 a pound.

The Canadian Press

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