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European COVID-19 lockdowns rattle S&P/TSX composite as energy, materials falter

TORONTO –

New European COVID-19 lockdowns rattled investors to end the week as Canada’s main stock index fell with commodities faltering on worries about the impact on demand.

The S&P/TSX composite index closed down 82.51 points to 21,555.03.

In New York, the Dow Jones industrial average was down 268.97 points at 35,601.98. The S&P 500 index was down 6.58 points at 4,697.96, while the Nasdaq composite was up 63.73 points at 16,057.44.

The Canadian dollar traded for 79.12 cents US compared with 79.27 cents US on Thursday.

The January crude oil contract was down US$2.47 at US$75.94 per barrel and the December natural gas contract was up 16.3 cents at nearly US$5.07 per mmBTU.

The December gold contract was down US$9.80 at US$1,851.60 an ounce and the December copper contract was up 10.3 cents at almost US$4.41 a pound.

This report by The Canadian Press was first published Nov. 19, 2021.

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/european-covid-19-lockdowns-rattle-s-p-tsx-composite-as-energy-materials-falter-1.5672805

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