January 15th, 2021

S&P/TSX composite down as energy sector falls, U.S. stock markets up in early trading

By The Canadian Press on January 13, 2021.

A street sign along Bay Street in Toronto's financial district is shown on Tuesday, January 12, 2021. THE CANADIAN PRESS/Nathan Denette

TORONTO – Canada’s main stock index fell in early trading amid weakness in the energy sector, while U.S. stock markets climbed higher.

The S&P/TSX composite index was down 19.03 points at 17,966.77.

In New York, the Dow Jones industrial average was up 22.80 points at 31,091.49. The S&P 500 index was up 2.35 points at 3,803.54, while the Nasdaq composite was up 22.14 points at 13,094.57.

The Canadian dollar traded for 78.47 cents US compared with 78.46 cents US on Tuesday.

The February crude oil contract was down 28 cents at US$52.93 per barrel and the February natural gas contract was down two cents at US$2.74 per mmBTU.

The February gold contract was up US$13.40 at US$1,857.60 an ounce and the March copper contract was up three cents at US$3.63 a pound.

This report by The Canadian Press was first published Jan. 13, 2021.

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

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