Industrials help lift S&P/TSX composite in late-morning trading, U.S. markets down

TORONTO — Gains in the industrials sector helped Canada's main stock index to creep higher in late-morning trading, while U.S. stock markets lost ground.

The S&P/TSX composite index was up 21.59 points at 16,268.31.

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In New York, the Dow Jones industrial average was down 60.36 points at 27,841.62. The S&P 500 index was down 16.15 points at 3,340.86, while the Nasdaq composite was down 68.06 points at 10,842.22.

The Canadian dollar traded for 75.90 cents US compared with 75.76 cents US on Thursday.

The November crude contract was up 25 cents at US$41.47 per barrel and the October natural gas contract was down a penny at US$2.03 per mmBTU.

The December gold contract was up US$12.20 at US$1,962.10 an ounce and the December copper contract was up a penny at US$3.08 a pound.

This report by The Canadian Press was first published Sept. 18, 2020.

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

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