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S&P/TSX composite moves up in early trading, U.S. stock markets mixed

TORONTO — Canada’s main stock index was up in early trading, helped by gains in the financial, industrial and metals and mining sectors.

The S&P/TSX composite index was up 32.21 points at 16,481.10.

In New York, the Dow Jones industrial average was up 199.92 points at 28,492.65. The S&P 500 index was up 9.08 points at 3,464.14, while the Nasdaq composite was down 38.72 points at 11,419.38.

The Canadian dollar traded for 76.30 cents US compared with 76.20 cents US on Thursday.

The October crude contract was down 40 cents at US$40.97 per barrel and the October natural gas contract was down two cents at US$2.46 per mmBTU.

The December gold contract was down US$8.00 at US$1,929.80 an ounce and the December copper contract was up a nickel at nearly US$3.03 a pound.

This report by The Canadian Press was first published Sept. 4, 2020.

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/s-p-tsx-composite-moves-up-in-early-trading-u-s-stock-markets-mixed-1.5092290

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