North American stock markets start week on a positive note, loonie down

The Canadian Press</span>
Published Monday, August 14, 2017 12:14AM EDT
Last Updated Monday, August 14, 2017 4:30PM EDT

TORONTO - North American stock markets started the week on a positive note, surging ahead as investor fears calmed slightly following a tumultuous week of rhetoric between the United States and North Korea.

The S&P/TSX composite index advanced 86.53 points to 15,119.91.

On Wall Street, the Dow Jones industrial average gained 135.39 points to 21,993.71, while the S&P 500 index rose 24.52 points to 2,465.84. The Nasdaq composite climbed 81.06 points to 6,337.62.

The Canadian dollar was trading at an average price of 78.71 cents US, down 0.12 of a U.S. cent.

The September crude contract shed US$1.23 to US$47.59 per barrel, while the December gold contract fell US$3.60 to US$1,290.40.

Elsewhere in commodities, the September natural gas contract fell 2.4 cents to about US$2.96 per mmBTU and the September copper contract declined three quarters of a cent to US$2.90 a pound.

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