Toronto stock index flat after holiday weekend, loonie continues slipping

The Canadian Press</span>
Published Tuesday, August 8, 2017 12:20PM EDT
Last Updated Tuesday, August 8, 2017 4:44PM EDT

TORONTO -- It was a quiet day on the main index of the Toronto Stock Exchange after Canadian markets resumed trading following the long weekend.

The S&P/TSX composite index, which was closed Monday for the Civic Holiday, edged down 1.62 points to 15,256.35.

On Wall Street, U.S. indexes veered lower.

The Dow Jones industrial average, which had set a record high close Monday, fell 33.08 points to 22,085.34.

The S&P 500 index, which also hit a record high Monday, slipped 5.99 points to 2,474.92 while the Nasdaq composite index gave back 13.31 points to 6,370.46.

The Canadian dollar continued its recent dip, trading at 78.91 cents US, down 0.22 of a cent from Friday's average price.

In commodities, the September crude contract declined 22 cents from Monday to US$49.17 per barrel while September natural gas advanced two cents at US$2.82 per mmBTU.

December gold was down $2.10 to US$1,262.60 an ounce and September copper was up four cents at US$2.94 a pound.

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