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Stock indexes head lower, loonie up


The Canadian Press</span>
Published Friday, August 18, 2017 12:11AM EDT
Last Updated Friday, August 18, 2017 11:30AM EDT

TORONTO - Canada's main stock index was down this morning, putting the Toronto Stock Exchange on track for a loss this week.

The S&P/TSX composite index was down 86.95 points to 14,946.69, after 90 minutes of trading. Moderate losses in each of the previous three sessions had eliminated almost all of the gains made Monday.

In New York, the Dow Jones industrial average slipped 65.25 points to 21,685.48 -- following a 274-point loss on Thursday. The S&P 500 index fell 4.50 points to 2,425.51 and the Nasdaq composite index dropped 2.19 points to 6,219.73.

The Canadian dollar was trading at 79.39 cents US, up from an average price of 79.07 cents US on Thursday.

The September crude contract was down 16 cents to US$46.93 per barrel and the September natural gas contract was down three cents to US$2.90 per mmBTU.

The December gold contract was up US$8.00 to US$1,300.40 an ounce and the September copper contract was down one cent to US$2.93 a pound.

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