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

TORONTO — Gains in the financial and industrial sectors helped lift Canada’s main stock index in early trading, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 24.35 points at 16,303.71.

In New York, the Dow Jones industrial average was up 48.87 points at 28,412.53. The S&P 500 index was up 8.94 points at 3,462.43, while the Nasdaq composite was down 6.44 points at 11,499.57.

The Canadian dollar traded for 76.18 cents US compared with 76.09 cents US on Thursday.

The December crude oil contract was up six cents at US$40.70 per barrel and the December natural gas contract was down six cents at US$3.21 per mmBTU.

The December gold contract was up US$6.50 at US$1,911.10 an ounce and the December copper contract was down a penny at US$3.14 a pound.

This report by The Canadian Press was first published Oct. 23, 2020

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/s-p-tsx-composite-up-in-early-trading-u-s-stock-markets-mixed-loonie-rises-1.5157450

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