TSE down, loonie lower
Canada's main stock index and the loonie were moderately lower Monday morning, continuing a downward trend that began last week and took the Canadian dollar to a 19-month low against the American dollar.
From the Equity Insider archive. This article dates from Dec 24, 2018 and is preserved as first published.
Canada’s main stock index and the loonie were moderately lower Monday morning, continuing a downward trend that began last week and took the Canadian dollar to a 19-month low against the American dollar.
The Canadian dollar traded at 73.67 cents US, compared with average of 73.71 cents US on Friday.
The S&P/TSX composite index was down 45.80 points at 13,889.64 after the first 90 minutes of a shortened trading day. The Toronto Stock Exchange closes at 1 p.m. and reopens Thursday after a two-day holiday.
In New York, the Dow Jones industrial average was down 309.15 points at 22,136.22. The S&P 500 index was down 19.05 points at 2,397.83, while the Nasdaq composite was down 223.36 points at 6,305.03.
The February crude contract was down 91 cents at US$44.68 per barrel and the February natural gas contract was down 20 cents at $3.55 per mmBTU.
The February gold contract was up $10.30 at US$1,268.40 an ounce and the March copper contract was down less than a cent at US$2.67 a pound.
