January 18th, 2021

S&P/TSX composite edges down after record close, U.S. stock markets up


By The Canadian Press on January 8, 2021.

A sign board in Toronto displays the TSX close on Monday, March 16, 2020. THE CANADIAN PRESS/Frank Gunn

TORONTO – Canada’s main stock index edged lower in early trading after setting a record close Thursday, while U.S. stock markets continued to march higher.

The S&P/TSX composite index was down 5.14 points at 18,022.43.

In New York, the Dow Jones industrial average was up 75.37 points at 31,116.50. The S&P 500 index was up 14.44 points at 3,818.23, while the Nasdaq composite was up 73.35 points at 13,140.83.

The Canadian dollar traded for 78.94 cents US compared with 78.70 cents US on Thursday. 78.94 cents US compared with 78.70 cents US on Thursday.

The February crude oil contract was up 85 cents at US$51.68 per barrel and the February natural gas contract was down seven cents at US$2.66 per mmBTU.

The February gold contract was down US$25.60 at US$1,888.00 an ounce and the March copper contract was down a penny at 3.69 a pound.

This report by The Canadian Press was first published Jan. 8, 2021.

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

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