Toronto stock index drops as oil, gold prices fall; loonie weaker

The Canadian Press</span>
Published Tuesday, May 9, 2017 12:13AM EDT
Last Updated Tuesday, May 9, 2017 11:47AM EDT

TORONTO - Canada's main stock index fell sharply in morning trading today as major energy, mining and financial companies lost ground.

The Toronto Stock Exchange's S&P/TSX composite index was down 124.01 points at 15,528.07 after 90 minutes of trading.

In New York, the Dow Jones industrial average gained 10.11 points to 21,022.39, the S&P 500 index climbed 1.94 points to 2,401.32 and the Nasdaq composite index was up 21.07 points to 6,123.73.

The Canadian dollar was trading at 72.92 cents US, slightly weaker from Monday's average price of 72.97 cents US.

The June crude contract was down 16 cents at US$46.27 per barrel and the June natural gas contract was up five cents at US$3.22 per mmBTU.

The June gold contract was down $6.40 at US$1,218.90 an ounce and the July copper contract was up two cents at US$2.50 a pound.

Let's block ads! (Why?)

Bagikan Berita Ini