TORONTO — North American stock markets started the trading week lower on continued uncertainty about U.S. politicians reaching a stimulus deal ahead of the approaching election.
The S&P/TSX composite index closed down 164.68 points at 16,274.07.
In New York, the Dow Jones industrial average was down 410.89 points at 28,195.42. The S&P 500 index was down 56.89 points at 3,426.29 while the Nasdaq composite was down 192.67 points at 11,478.88.
The Canadian dollar traded for 75.96 cents US compared with 75.80 cents US on Friday.
The December crude contract was down six cents at US$41.06 per barrel and the November natural gas contract was up 2.2 cents at US$2.79 per mmBTU.
The December gold contract was up US$5.30 at US$1,911.70 an ounce and the December copper contract was up 1.85 cents at nearly US$3.09 a pound.
This report by The Canadian Press was first published Oct. 19, 2020
