S&P/TSX composite falls nearly 100 points, while major U.S. indexes make gains

S&P/TSX composite falls nearly 100 points, while major U.S. indexes make gains
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TORONTO — Canada’s major stock index fell today dragged down by the energy and materials sectors, while indexes south of the border moved up.

The S&P/TSX composite index retreated 88.91 points to 16,517.85.

In New York, the Dow Jones industrial average gained 190.60 points to 27,930.33. The S&P 500 index moved up 11.65 points to 3,397.16, while the Nasdaq composite rose 46.85 points to 11,311.80.

The Canadian dollar traded for 75.73 cents US compared with 75.79 cents US on Thursday.

The October crude contract fell 48 cents to US$42.34 per barrel and the more heavily traded October natural gas contract gained seven cents to US$2.57 per mmBTU.

The December gold contract rose 50 cents to US$1,947.00 an ounce and the September copper contract shed nearly six cents to about US$2.92 a pound.

This report by The Canadian Press was first published Aug. 21, 2020.

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

 

The Canadian Press



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