News

Toronto stock market driven down by weaker industrials and materials sectors

Toronto stock market driven down by weaker industrials and materials sectors
Business
Canada s main stock index started the week lower as it absorbed weakness in the key industrials and materials sectors driven by SNC-Lavalin woes and lower gold prices. (File)

Published Monday, February 11, 2019 4:36PM EST

TORONTO -- Canada s main stock index started the week lower as it absorbed weakness in the key industrials and materials sectors driven by SNC-Lavalin woes and lower gold prices.

The S&P/TSX composite index closed down 64.48 points at 15,568.85.

In New York, the Dow Jones industrial average was down 53.22 points at 25,053.11. The S&P 500 index was up 1.92 points at 2,709.80, while the Nasdaq composite was up 9.71 points at 7,307.90.

The Canadian dollar traded at an average of 75.22 cents US compared with an average of 75.36 cents US on Friday.

The March crude contract was down 31 cents at US$52.41 per barrel and the March natural gas contract was up 5.9 cents at US$2.64 per mmBTU.

The April gold contract was down US$6.60 at US$1,311.90 an ounce and the March copper contract was down 2.05 cents at US$2.79 a pound.
Read more on CTVnews
News Topics :
Similar Articles :
Business
TORONTO The materials and health care sectors helped Canada s main stock index mover higher in late morning trading, while the industrials sector stepped lower. The S&P/TSX composite index was up...
Business
TORONTO Canada’s main stock index edged lower in late morning trading amid weakness in the key materials sector and the health care sector, which includes many of the big names in...
Business
TORONTO The industrials and technology sectors helped lift Canada s main stock index higher in late morning trading, while U.S. stock markets moved lower. The S&P/TSX composite index was up...
Business
TORONTO Gains in the materials, financials and industrials sectors helped offset losses in the energy sector as Canada’s main stock index moved higher in mid morning trading. The S&P/TSX composite...
Business
TORONTO The energy and industrials sectors weighed on stocks in Toronto as Canada s main stock index traded lower at late morning. The S&P/TSX composite index was down 80.44...