North American stock markets in the red, loonie edges higher after jobs report

0

TORONTO — Canada’s main stock index posted a triple-digit decline in late-morning trading as the Toronto market was hit by broad-based weakness and U.S. markets sank into the red.

The S&P/TSX composite index was down 124.22 points at 15,579.14.

In New York, the Dow Jones industrial average was down 266.10 points at 24,903.43. The S&P 500 index was down 21.75 points at 2,684.30, while the Nasdaq composite was down 45.99 points at 7,242.36.

The Canadian dollar traded for 75.32 cents US compared with an average of 75.27 cents US on Thursday after Statistics Canada said the economy added 66,800 jobs in January.

The March crude contract was up seven cents at US$52.71 per barrel and the March natural gas contract was up 2.6 cents at US$2.58 per mmBTU.

The April gold contract was up US$3.60 at US$1,317.80 an ounce and the March copper contract was down 1.45 cents at US$2.81 a pound.

 

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

 

The Canadian Press

SHARE
Canadian Press
Over 200 of our journalists produce award-winning stories, photos, graphics, audio and video. Our multimedia news is delivered round the clock and in real time to daily newspapers and more than 500 radio and TV stations.

LEAVE A REPLY