Toronto market down in early trading to start the week, loonie edges higher

Toronto market down in early trading to start the week, loonie edges higher
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TORONTO — Canada’s main stock index edged lower in early trading as the trading week began following its worst week since the financial crisis.

The S&P/TSX composite index was down 18.36 points at 16,244.69.

In New York, the Dow Jones industrial average was up 72.77 points at 25,482.13. The S&P 500 index was up 6.20 at 2,960.42, while the Nasdaq composite was up 22.39 points at 8,589.76.

The Canadian dollar traded for 74.71 cents US compared with an average of 74.47 cents US on Friday.

The April crude contract was up US$1.44 at US$46.20 per barrel and the April natural gas contract was up 6.1 cents at US$1.745 per mmBTU.

The April gold contract was up US$26.40 at US$1,593.10 an ounce and the May copper contract was up 2.40 cents at US$2.5640 pound.

This report by The Canadian Press was first published March. 2, 2020.

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

 

The Canadian Press

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