Toronto stock index declines moderately, led by financial sector, loonie weaker
TORONTO — North American stock indexes are down moderately today.
The Toronto Stock Exchange’s S&P/TSX composite index was down 31.59 points to 15,518.96 after 90 minutes of trading. Many of Canada’s largest companies contributed to the decline, including Manulife Financial, Sun Life Financial and the major banks.
In New York, the Dow Jones industrial average lost 41.56 points to 20,877.86, the S&P 500 index shed 6.29 points to 2,388.15 and the Nasdaq composite index was down 6.78 points to 6,109.18. The Canadian dollar was trading at 72.81 cents US, weaker than Thursday’s average of $72.96 cents US. The June crude contract was down 36 cents at US$47.47 per barrel and the June natural gas contract was up two cents at US$3.40 per mmBTU.
The June gold contract was up $6.20 at US$1,230.40 an ounce and the July copper contract was up one cent at US$2.52 a pound.