S&P/TSX composite edges lower in late-morning trading, U.S. stock markets mixed

TORONTO –

Canada’s predominant inventory index edged decrease in late-morning buying and selling as beneficial properties within the power sector have been offset by losses in expertise and base metals.

The S&P/TSX composite index was down 3.41 factors at 19,808.82.

In New York, the Dow Jones industrial common was up 38.15 factors at 34,512.98. The S&P 500 index was down 6.20 factors at 4,364.16, whereas the Nasdaq composite was down 66.28 factors at 13,250.65.

The Canadian greenback traded for 73.79 cents US in contrast with 73.94 cents US on Thursday.

The October crude contract was down 30 cents at US$79.60 per barrel and the September pure gasoline contract was down seven cents at US$2.56 per mmBTU.

The December gold contract was up US$6.00 at US$1,921.20 an oz and the September copper contract was up lower than a penny at US$3.70 a pound.

This report by The Canadian Press was first revealed Aug. 18, 2023.