Markets update at midmorning

On the markets at midmorning (ET):The Toronto Stock Exchange’s S&P/TSX composite index was down 94.93 points to 15,171.11, after 90 minutes of trading.In New York, the Dow Jones industrial average lost 2.77 points to 21,526.22. The S&P 500 index shed 6.99 points to 2,446.47, and the Nasdaq composite index was down 12.89 points to 6,226.12.The Canadian dollar was trading at 75.34 cents US, down from Monday’s average price of 75.64 cents US.The August crude contract was down $1.38 at US$43.05 per barrel and the July natural gas contract was unchanged at US$2.89 per mmBTU.The August gold contract was down $2.90 to US$1,243.80 an ounce and the July copper contract was down three cents at US$2.55 a pound. read more

Read More →