29.4 C
New York
July 10, 2020
Worship Media

North American stock markets down in face of increased U.S.-China trade tensions

TORONTO — The energy sector led Canada’s main stock index lower, while U.S. stock markets pulled back in the face of increased tensions ahead of U.S.-China trade talks.

The S&P/TSX composite index was down 131.98 points at 16,289.77.

In New York, the Dow Jones industrial average was down 250.44 points at 26,227.58. The S&P 500 index was down 30.69 points at 2,908.10, while the Nasdaq composite was down 81.35 points at 7,874.94.

The Canadian dollar traded for 75.06 cents US compared with an average of 75.15 cents US on Monday.

The November crude contract was down 31 cents at US$52.44 per barrel and the November natural gas contract was down 2.4 cents at US$2.28 per mmBTU.

The December gold contract was up US$4.30 at US$1,508.70 an ounce and the December copper contract was up 0.1 of a cent at US$2.58 a pound.

This report by The Canadian Press was first published Oct. 8, 2019.


Related posts

China says Beijing, U.S. to end tariff hikes as talks progress

CTV News

Torstar to close StarMetro national free newspapers, cutting more than 100 jobs

CTV News

Wall Street dips to give back some of last week’s big gains

CTV News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy