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S&P/TSX composite down in early trading, U.S. stock markets climb higher

TORONTO — Canada’s main stock index was down in early trading on losses in the health-care sector, which includes the big cannabis companies, while U.S. stock markets rose.

The S&P/TSX composite index was down 29.21 points at 18,428.57.

In New York, the Dow Jones industrial average was up 87.26 points at 31,525.06. The S&P 500 index was up 13.14 points at 3,923.02, while the Nasdaq composite was up 80.48 points at 14,053.01.

The Canadian dollar traded for 78.95 cents US compared with 78.81 cents US on Wednesday.

The March crude contract was down four cents at US$58.64 per barrel and the March natural gas contract was up 10 cents at US$3.01 per mmBTU.

The April gold contract was US$1.20 at US$1,843.90 an ounce and the March copper contract was down a penny at US$3.76 a pound.

This report by The Canadian Press was first published Feb. 11, 2021

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/s-p-tsx-composite-down-in-early-trading-u-s-stock-markets-climb-higher-1.5304468

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