North American stock markets fall, while gold continues to shine

North American stock markets fall, while gold continues to shine
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TORONTO — North American stock markets closed in the red today while gold prices continued to soar.

The S&P/TSX composite index dropped by 152.41 points to 16,018.65.

In New York, the Dow Jones industrial average shed 353.51 points to 26,652.33. The S&P 500 index fell 40.36 points to 3,235.66 while the Nasdaq composite lost 244.71 points to 10,461.42.

The Canadian dollar traded for 74.67 U.S. cents compared with 74.52 U.S. cents from Wednesday.

The September crude contract fell 83 cents to US$41.07 per barrel and the September natural gas contract gained 11.7 cents to nearly US$1.83 per mmBTU.

The August gold contract advanced $24.90 to US$1,890.00 an ounce and the September copper contract rose 1.4 cents to roughly US$2.94 a pound.

This report by The Canadian Press was first published July 23, 2020.

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

The Canadian Press


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