Technology sector propels stock markets to positive start to September

Technology sector propels stock markets to positive start to September
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TORONTO — The technology sector propelled North American stock markets to a positive start to September with Shopify Inc. hitting a record high on the TSX.

The S&P/TSX composite index closed up 130.55 points at 16,644.99.

In New York, the Dow Jones industrial average was up 215.61 points at 28,645.66. The S&P 500 index was up 26.34 points to a record close of 3,526.65, while the Nasdaq composite gained 164.21 points to 11,939.67, also a record.

The Canadian dollar traded for 76.60 cents US compared with 76.68 cents US on Monday.

The October crude contract was up 15 cents at US$42.76 per barrel and the October natural gas contract was down 10.3 cents at nearly US$2.53 per mmBTU.

The December gold contract was up 30 cents at US$1,978.90 an ounce and the December copper contract was down 3.3 cents at almost US$3.03 a pound.

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

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

 

The Canadian Press



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