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S&P/TSX composite edges lower, U.S. stock markets mixed; Loonie down

TORONTO — Canada’s main stock index edged lower as losses in the energy and financial sectors were offset in part by gains the materials sector.

The S&P/TSX composite index was down 4.99 points at 16,572.39.

In New York, the Dow Jones industrial average was down 54.75 points at 27,638.13. The S&P 500 index was down 3.12 points at 3,371.73, while the Nasdaq composite was up 37.54 points at 11,184.00.

The Canadian dollar traded for 75.74 cents US compared with 75.92 cents US on Wednesday.

The October crude contract was down 51 cents at US$42.60 per barrel and the September natural gas contract was down nearly two cents at US$2.41 per mmBTU.

The December gold contract was down US$21.40 at US$1,948.90 an ounce and the September copper contract was down nearly six cents at US$2.97 a pound.

This report by The Canadian Press was first published Aug. 20, 2020.

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/s-p-tsx-composite-edges-lower-u-s-stock-markets-mixed-loonie-down-1.5071748

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