Loonie climbs despite falling oil prices - News Summed Up

Loonie climbs despite falling oil prices


The Toronto stock market was little changed in late morning trading while the Canadian dollar climbed despite falling crude prices. At the Toronto Stock Exchange, the S&P/TSX composite index climbed 8.76 points to 14,606.71 after two hours of trading. The Canadian dollar was up 0.16 of a cent at 76.40 cents U.S. The October crude contract lost 97 cents at $43.73 (U.S.) per barrel. New York stock markets were also in the red, with the Dow Jones industrial average down 73.11 points at 18,327.77, the broader S&P 500 composite index declining 9.41 points to 2,161.54 and the Nasdaq composite losing 10.95 points to 5,202.27.


Source: thestar September 01, 2016 18:45 UTC



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