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Stock markets show modest gains, loonie lower

Posted on Aug 29, 2016 by in Scarborough | 0 comments

TORONTO — Stock markets in North America kicked off the week registering moderate gains.

In Toronto, the S&P/TSX composite index was up 38.30 points to 14,678.18.

The Dow Jones industrial average added 105.98 points at 18,501.38, the broader S&P 500 composite index rose 50.53 points to 2,178.85 and the Nasdaq composite gained 10.30 points to 5,229.22.

The Canadian dollar was at 76.77 cents US, down 0.15 of a cent from Friday’s close.

The October crude contract was down 84 cents at US$46.80 per barrel and October natural gas was little changed at US$2.91 per mmBTU.

The December gold contract fell 60 cents to US$1,325.30 an ounce and September copper contracts rose 1.5 cents to US$2.08 a pound.

By The Canadian Press

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