North American stock markets drift lower on path to first monthly loss since March

North American stock markets drift lower on path to first monthly loss since March
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TORONTO — North American stock markets are heading toward their first monthly losses since March’s sharp correction after drifting lower on the penultimate day of trading in September.

The S&P/TSX composite index closed down 31.29  points at 16,211.52.

In New York, the Dow Jones industrial average was down 131.40 points at 27,452.66. The S&P 500 index was down 16.13 points at 3,335.47, while the Nasdaq composite was down 32.28 points at 11,085.25.

The Canadian dollar traded for 74.68 cents US compared with 74.75 cents US on Monday.

The November crude oil contract was down US$1.31 at US$39.29 per barrel and the November natural gas contract was down 23.4 cents at US$2.56 per mmBTU.

The December gold contract was up US$20.90 at US$1,903.20 an ounce and the December copper contract was unchanged at US$2.99 a pound.

This report by The Canadian Press was first published Sept. 29, 2020.

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

The Canadian Press

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