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September 18, 2020
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Materials sector weighs on Toronto market in late-morning trading

TORONTO — Canada’s main stock index edged lower in late-morning trading, weighed down by losses in the materials sector, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 15.24 points at 19,136.05.

In New York, the Dow Jones industrial average was up 13.24 points at 27,909.96. The S&P 500 index was up 2.31 points at 3,375.74, while the Nasdaq composite was down 30.26 points at 11,012.24.

The Canadian dollar traded for 75.43 cents US compared with 75.66 cents US on Thursday.

The September crude contract was down 15 cents at US$42.09 per barrel and the September natural gas contract was up 16 cents at US$2.34 per mmBTU.

The December gold contract was down US$14.60 at US$1,955.80 an ounce and the September copper contract was up a nickel at US$2.86 a pound.

This report by The Canadian Press was first published Aug. 14, 2020.

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/materials-sector-weighs-on-toronto-market-in-late-morning-trading-1.5064375

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