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S&P/TSX composite down as Nasdaq loses 10 per cent over three days

S&P/TSX composite down as Nasdaq loses 10 per cent over three days

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This article was originally published by Canadian Investor

TORONTO — Canada’s main stock index fared better than its U.S. counterparts even as the technology pullback carried over into a second week of trading.

The S&P/TSX composite index closed down 118.49 points to 16,099.52.

In New York, the Dow Jones industrial average was down 632.42 points at 27,500.89. The S&P 500 index was down 95.12 points at 3,331.84, while the Nasdaq composite was down 465.44 points at 10,847.69.

The Canadian dollar traded for 75.81 cents US compared with 76.40 cents US on Friday.

The October crude contract was down US$3.01 at US$36.76 per barrel and the October natural gas contract was down 18.8 cents at US$2.40 per mmBTU.

The December gold contract was up US$8.90 at US$1,943.20 an ounce and the December copper contract was down 3.7 cents at US$3.02 a pound.

This report by The Canadian Press was first published Sept. 8, 2020.

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

The Canadian Press





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