S&P/TSX composite edges higher in late-morning trading, U.S. stocks lower
Canada's main stock index, the S&P/TSX composite, saw a slight increase in early trading due to gains in the industrials sector. However, U.S. stock markets declined on the same day.
The S&P/TSX composite index rose by 10.72 points to reach 36,643.84. Simultaneously, the Dow Jones industrial average in New York fell by 376.68 points to 53,309.43. The S&P 500 index also decreased by 38.00 points to 7,709.71, while the Nasdaq composite dropped by 117.03 points to 26,467.03.
The Canadian dollar was trading at 72.26 cents US, a slight improvement from 72.52 cents US the previous day. Meanwhile, the October crude oil contract saw a drop of 91 cents US, reaching US$90.39 per barrel. The December gold contract declined by 56.50 US dollars, settling at US$4,483.40 per ounce.
Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
