Toronto stocks lower at late morning, while U.S. stocks edge higher


TORONTO — Canada’s main stock index traded lower at late morning as the industrial sector led the way down, while U.S. stock markets edged higher.

The S&P/TSX composite index was down 28.06 points to 16,249.67, after 90 minutes of trading.lower

In New York, the Dow Jones industrial average was up 27.71 points to 24,334.89. The S&P 500 index was up 2.51 points to 2,729.22 and the Nasdaq composite index was down 6.38 points to 7,561.31.

The Canadian dollar was trading at 75.93 cents US, down from an average value of 75.94 cents US on Friday.

The August crude contract was down 76 cents to US$73.18 per barrel and the August natural gas contract was up one cent to US$2.87 per mmBTU.

The August gold contract was up $14.50 to US$1,256.20 an ounce and the September copper contract was down one cent to US$2.93 a pound.

The Canadian Press