S&P/TSX composite edges higher in late-morning trading, while U.S. stock markets fall

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TORONTO — Strength in the financial sector helped Canada’s main stock index edge higher in late-morning trading while U.S. stock markets fell to start the week.

The S&P/TSX composite index was up 12.89 points at 20,834.32.

In New York, the Dow Jones industrial average was down 293.21 points at 35,075.88. The S&P 500 index was down 19.44 points at 4,515.99, while the Nasdaq composite was down 5.22 points at 15,358.30.

The Canadian dollar traded for 79.14 cents US compared with 79.88 cents US on Friday.

The October crude oil contract was down US$1.11 at US$68.18 per barrel and the October natural gas contract was down 13 cents at US$4.59 per mmBTU.

The December gold contract was down US$37.00 at US$1,796.70 an ounce and the December copper contract was down six cents at US$4.27 a pound.

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

 

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