17 C
New York
May 18, 2024
Worship Media
Business

S&P/TSX composite ends losing week down on faltering energy sector

TORONTO — Canada’s main stock index dipped to cap a losing week as COVID-19 virus and vaccine concerns weighed on the energy sector.

The S&P/TSX composite index closed down 70.29 points to 17,845.91.

In New York, the Dow Jones industrial average was down 179.03 points at 30,996.98, the S&P 500 index was down 11.60 points at 3,841.47, while the Nasdaq composite was up 12.14 points at 13,543.06.

The Canadian dollar traded for 78.64 cents US compared with 79.2 cents US on Thursday.

The March crude contract was down 86 cents US at US$52.27 per barrel and the March natural gas contract was down @4.1 cents US at nearly US$2.46 per mmBTU.

The February gold contract was down US$9.70 at $1,856.20 an ounce and the March copper contract was down about 2.1 cents at almost US$3.63 a pound.

This report by The Canadian Press was first published Jan. 22, 2021.

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/s-p-tsx-composite-ends-losing-week-down-on-faltering-energy-sector-1.5277612

Related posts

Facebook froze as anti-vaccine comments swarmed users

CTV News

Bitcoin’s market value tops US$1 trillion

CTV News

Chinese developer warns it might not pay US$400 million bond

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