Canada’s main stock index opens lower; U.S. markets move higher


TORONTO — Canada’s main stock index fell in early morning trading while U.S. markets were up moderately.

The S&P/TSX composite index was down 50.69 points at 16,248.60.

In New York, the Dow Jones industrial average was up 21.00 points at 26,239.00. The S&P 500 index was up 2.75 points at 3,251.50, while the Nasdaq composite was up 38.00 points at 10,832.00.

The Canadian dollar traded for 74.50 US compared with 74.45 on Thursday.

The September crude contract was up 46 cents at US$40.38 per barrel and the September natural gas contract was up nearly one cent at almost US$1.84 per mmBTU.

The December gold contract, which had the highest trading volume, was up US$11.00 at US$1,977.80 an ounce and the September copper contract was down 2,2 cents at US$2.89 a pound.

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