S&P/TSX composite down in late-morning trading after long weekend

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S&P/TSX composite down in late-morning trading after long weekend

Canada’s main stock index was down in late-morning trading following the August long weekend, with the energy and base metals sectors driving it lower, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 141.08 points at 19,551.84.

In New York, the Dow Jones industrial average was down 206.96 points at 32,591.44. The S&P 500 index was down 6.76 points at 4,111.87, while the Nasdaq composite was up 12.88 points at 12,381.86.

A group of men walk past the Toronto-Dominion Centre on Wellington Street in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler

The Canadian dollar traded for 77.71 cents US compared with 77.98 cents US on Friday.

The September crude contract was up 30 cents at US$94.19 per barrel and the September natural gas contract was down 53 cents at US$7.76.

The October gold contract was up US$8.70 at US$1,777.70 an ounce and the September copper contract was down three cents at US$3.52 a pound.

This report by The Canadian Press was first published Aug. 2, 2022.

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

Credit: S&P/TSX composite down in late-morning trading after long weekend