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S&P/TSX composite and loonie both trade lower, U.S. stock markets mixed

TORONTO — Canada’s main stock index gave back some the gains it made in recent days as the key financial, industrial and energy sectors moved lower in late-morning trading, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 122.81 points at 15,852.10.

In New York, the Dow Jones industrial average was down 197.10 at 27,375.34. The S&P 500 index was down 20.39 points at 3,212.00, while the Nasdaq composite was up 19.61 points at 9,944.36.

The Canadian dollar traded for 74.48 cents US compared with 74.72 cents US on Monday.

The July crude contract was down 10 cents at US$38.09 per barrel and the July natural gas contract was down nearly two cents at US$1.77 per mmBTU.

The August gold contract was up US$19.60 at US$1,724.70 an ounce and the July copper contract was up two cents at nearly US$2.59 a pound.

This report by The Canadian Press was first published June 9, 2020

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