December 3rd, 2020

S&P/TSX composite essentially flat as sentiment muted by rising COVID infections

By The Canadian Press on November 19, 2020.

Canadian dollars are pictured in Vancouver, Sept. 22, 2011. THE CANADIAN PRESS/Jonathan Hayward

TORONTO – Canada’s main stock index was essentially flat Thursday as investors took their foot off the pedal on concerns about rising COVID-19 infections and pocketed some profits following a good few weeks of trading.

The S&P/TSX composite index closed up 19.99 points to 16,909.81.

In New York, the Dow Jones industrial average was up 44.81 points at 29,483.23. The S&P 500 index was up 14.08 points at 3,581.87, while the Nasdaq composite was up 103.11 points at 11,904.71.

The Canadian dollar traded for 76.44 cents US compared with 76.55 cents US on Wednesday.

The January crude contract was down 11 cents at US$41.90 per barrel and the December natural gas contract was down 12 cents at US$2.59 per mmBTU.

The December gold contract was down US$12.40 at US$1,861.50 an ounce and the December copper contract was up 0.4 of a cent at US$3.20 a pound.

This report by The Canadian Press was first published Nov. 19, 2020.

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

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