S&P/TSX composite down, while U.S. stock markets also fall; loonie down

S&P/TSX composite down, while U.S. stock markets also fall; loonie down
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TORONTO — Canada’s main stock index fell in late-morning trading, weighed down by broad-based losses led by the financial sector, while the Canadian dollar also moved lower.

The S&P/TSX composite index was down 186.12 points at 14,594.62.

In New York, the Dow Jones industrial average was down 455.66 points at 23,890.06. The S&P 500 index was down 61.55 points at 2,850.88, while the Nasdaq composite was down 202.25 points at 8,687.30.

The Canadian dollar traded for 70.98 cents US compared with an average of 71.89 cents US on Thursday.

The June crude contract was up 30 cents at US$19.14 per barrel and the June natural gas contract was down 3.6 cents at US$1.91 per mmBTU.

The June gold contract was up US$8.00 at US$1,702.20 an ounce and the July copper contract was down 3.2 cents at US$2.31 a pound.

This report by The Canadian Press was first published May 1, 2020.

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

 

The Canadian Press


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