North American stock markets closed relatively flat, despite a highly anticipated speech by the head of the U.S. Federal Reserve today. Toronto’s S&P/TSX composite index gained 9.16 points at 14,639.88. In New York, the Dow Jones industrial average fell 53.01 points at 18,395.40 and the broader S&P 500 composite index dropped 3.43 points to 2,169.04, while the Nasdaq composite increased by 6.72 points to 5,218.92. The Canadian dollar, meanwhile, was down 0.44 of a cent at 76.92 cents US. The October crude contract rose 31 cents to US$47.64 per barrel.

Source: thestar August 26, 2016 16:25 UTC