TORONTO — A rally of North American stock markets dissipated near closing on fading hopes of a stimulus deal in time for next month’s election.
The S&P/TSX composite index closed down less than one point to 16,273.26 after losing some ground in late afternoon trading.
In New York, the Dow Jones industrial average was up 113.37 points at 28,308.79. The S&P 500 index was up 16.20 points at 3,443.12, while the Nasdaq composite was up 37.51 points at 11,516.49.
The Canadian dollar traded for 76.12 cents US compared with 75.96 cents US on Monday.
The December crude contract was up 64 cents at US$41.70 per barrel and the November natural gas contract was up 11.8 cents at US$2.91 per mmBTU.
The December gold contract was up US$3.70 at US$1,915.40 an ounce and the December copper contract was up 6.2 cents at nearly US$3.15 a pound.
This report by The Canadian Press was first published Oct. 20, 2020.
