2.4 C
New York
January 22, 2021
Worship Media
Business

North American stock markets start trading week down again, loonie down

TORONTO — Canada’s main stock index started the trading week down more than 300 points in late-morning trading, weighed down by losses in the key financial sector as COVID-19 fears continued to grip investors.

The S&P/TSX composite index was down 309.92 points at 11,541.89.

In New York, the Dow Jones industrial average was down 585.48 points at 18,588.50. The S&P 500 index was down 64.17 points at 2,240.75, while the Nasdaq composite was down 100.42 points at 6,779.10.

The Canadian dollar traded for 68.96 cents US compared with an average of 69.77 cents US on Friday.

The May crude contract was down 17 cents at US$22.46 per barrel and the April natural gas contract was down 1.1 cents at US$1.59 per mmBTU.

The April gold contract was up US$49.30 at US$1,533.90 an ounce and the May copper contract was down 8.20 cents at US$2.09 a pound.

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

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/north-american-stock-markets-start-trading-week-down-again-loonie-down-1.4863863

Related posts

Adidas releases second pair of limited edition Terry Fox running shoes

CTV News

Asian shares higher after jobless data snaps Wall St rally

CTV News

Pelosi says agreement on revamped NAFTA ‘imminent’

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