Toronto stock market falls again while Nasdaq drops from high after Alphabet miss

Toronto stock market falls again while Nasdaq drops from high after Alphabet miss
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TORONTO — Canada’s main stock index fell slightly for a second straight day while the Nasdaq dropped from Monday’s record high on a disappointing result from Google parent company Alphabet.

The S&P/TSX composite index closed down 19.64 points at 16,580.73.

In New York, the Dow Jones industrial average was up 38.52 points at 26,592.91. The S&P 500 index was up 2.80 points at 2,945.83, while the Nasdaq composite was down 54.09 points at 8,107.77.

The Canadian dollar traded at an average of 74.50 cents US compared with an average of 74.32 cents US on Monday.

The June crude contract was up 41 cents at US$63.91 per barrel and the June natural gas contract was down 1.8 cents at US$2.58 per mmBTU.

The June gold contract was up US$4.20 at US$1,285.70 an ounce and the July copper contract was up 0.7 of a cent at US$2.90 a pound.

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

The Canadian Press


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