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North American stock markets down in early trading, loonie also falls

by yyctimes
January 27, 2021
in Business
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TORONTO — The commercial and metals and mining sectors led a broad decline as Canada’s important inventory index fell in early buying and selling, whereas U.S. inventory markets additionally dropped.

The S&P/TSX composite index was down 223.46 factors at 17,555.95.

In New York, the Dow Jones industrial common was down 432.20 factors at 30,504.84. The S&P 500 index was down 59.92 factors at 3,789.70, whereas the Nasdaq composite was down 264.89 factors at 13,361.17.

The Canadian greenback traded for 78.17 cents US in contrast with 78.73 cents US on Tuesday.

The March crude oil contract was down 18 cents at US$52.43 per barrel and the March pure gasoline contract was up 5 cents at US$2.69 per mmBTU.

The February gold contract was down US$12.20 at US$1,838.70 an oz. and the March copper contract was down eight cents at US$3.54 a pound.

This report by The Canadian Press was first revealed Jan. 27, 2021.

Firms on this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press



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Tags: Americanbusiness newsbusiness updatesearlyfallsLooniemarketsNorthstocktrading
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