16.6 C
New York
May 17, 2024
Worship Media
Business

Spooked investors push North American stock markets to worst week since March

TORONTO — Canada’s main stock index endured its worst week since large corrections in March as investors got spooked by ongoing concerns about rising COVID-19 infection rates.

The S&P/TSX composite index closed down 90.06 points to 15,580.64.

In New York, the Dow Jones industrial average was down 157.51 points at 26,501.60. The S&P 500 index was down 40.15 points at 3,269.96, while the Nasdaq composite was down 274.00 points at 10,911.59.

The Canadian dollar traded for 75.09 cents US compared with 74.91 cents US on Thursday.

The December crude contract was down 38 cents at US$35.79 per barrel and the December natural gas contract was up 5.3 cents at US$3.35 per mmBTU.

The December gold contract was up US$11.90 at US$1,879.90 an ounce and the December copper contract was down nearly one cent at almost US$3.05 a pound.

This report by The Canadian Press was first published Oct. 30, 2020

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/spooked-investors-push-north-american-stock-markets-to-worst-week-since-march-1.5167451

Related posts

Widow of ex-Korean Air boss convicted of assaulting workers

CTV News

Cannabis company Canopy Growth reports $829.3M Q3 loss, revenue up from year ago

CTV News

S&P/TSX composite snaps six-day winning streak with energy, tech and materials losses

CTV News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy