Energy sector weighs on Toronto stock index, U.S. stock markets trade lower

Energy sector weighs on Toronto stock index, U.S. stock markets trade lower
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TORONTO — Canada’s main stock index edged lower in late-morning trading as the energy sector stepped back, while U.S. stock markets also lost ground.

The S&P/TSX composite index was down 17.98 points at 16,766.31.

In New York, the Dow Jones industrial average was down 141.35 points at 26,829.36. The S&P 500 index was down 19.58 points at 2,965.29, while the Nasdaq composite was down 84.32 points at 7,993.06.

The Canadian dollar traded for 75.37 cents US compared with an average of 75.36 cents US on Wednesday.

The November crude contract was down 89 cents at US$55.60 per barrel and the November natural gas contract was down 9.2 cents at US$2.426 per mmBTU.

The December gold contract was up US$4.30 at US$1,516.60 an ounce and the December copper contract was down 3.10 cents at US$2.58 a pound.

This report by The Canadian Press was first published Sept. 26, 2019.

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

The Canadian Press

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