Materials sector weighs on Toronto stock market, U.S. stock markets mixed

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TORONTO — Canada’s main stock index fell in late-morning trading as losses in the materials sector, including the big names in the mining sector, weighed on the market.

The S&P/TSX composite index was down 51.04 points at 16,739.36.

In New York, the Dow Jones industrial average was up 84.13 points at 26,975.25. The S&P 500 index was up 4.27 points at 2,981.89, while the Nasdaq composite was down 2.72 points at 8,027.94.

The Canadian dollar traded for 75.64 cents US compared with an average of 75.41 cents US on Thursday.

The November crude contract was up five cents at US$56.46 per barrel and the November natural gas contract was down 4.0 cents at US$2.403 per mmBTU.

The December gold contract was down US$16.30 at US$1,498.90 an ounce and the December copper contract was up 3.15 cents at US$2.6090 a pound.

 

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

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