North American stock markets fall at the start of trading, loonie down

North American stock markets fall at the start of trading, loonie down
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TORONTO — Canada’s main stock index fell in early trading in a broad-based decline as it gave back some of the gains it has made in recent days, while U.S. stock markets also fell.

The S&P/TSX composite index down 142.75 points at 15,832.16.

In New York, the Dow Jones industrial average was down 308.79 points at 27,263.65. The S&P 500 index was down 32.37 points at 3,200.02, while the Nasdaq composite was down 44.81 points at 9,879.94.

The Canadian dollar traded for 74.41 cents US compared with 74.72 cents US on Monday.

The July crude contract was down 21 cents at US$37.98 per barrel and the July natural gas contract was down nearly two cents at US$1.77 per mmBTU.

The August gold contract was up US$17.20 at US$1,722.30 an ounce and the July copper contract was up less than a penny at US$2.57 a pound.

This report by The Canadian Press was first published June 9, 2020.

 

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

 

The Canadian Press

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