Toronto stock market ends a volatile week down on lower oil prices
TORONTO — Canada’s main stock index ended a positive week on a down note as a further drop in the price of oil helped to pull the loonie to a more than fourmonth low.
The S&P/TSX composite index closed down 83.03 points at 15,274.44.
In New York, the Dow Jones industrial average lost 201.92 points to 25,989.30. The S&P 500 index was down 25.82 points at 2,781.01, while the Nasdaq composite fell by 123.98 points to 7,406.90.
The Canadian dollar traded at an average of 75.72 cents US compared with an average of 76.25 cents US on Thursday. The December crude contract was down 48 cents at US$60.19 per barrel and the December natural gas contract was up 17.6 cents at US$3.72 per mmBTU. The December gold contract was down US$16.50 at US$1,208.60 an ounce and the December copper contract was down 5.15 cents at US$2.68 a pound.
The Canadian Press