Commodity stocks weigh on Toronto stock market, loonie edges higher

By CanadianInvestor / October 22, 2018 / www.canadianinvestor.com / Article Link

TORONTO - Canada's main stock index moved lower in late-morning trading as the key energy and materials sectors fell in the wake of lower commodity prices.

The S&P/TSX composite index was down 73.53 points at 15,396.57.

In New York, the Dow Jones industrial average was down 35.15 points at 25,409.19. The S&P 500 index was up 0.16 of a point at 2,767.94, while the Nasdaq composite was up 60.59 points at 7,509.62.

The Canadian dollar traded higher at 76.35 cents US compared with an average of 76.31 cents US on Friday.

The December crude contract was down 21 cents at US$69.07 per barrel and the November natural gas contract was down 9.2 cents at US$3.16 per mmBTU.

The December gold contract was down US$4.50 at US$1,224.20 an ounce and the December copper contract was down 1.70 cents at US$2.79 a pound.

The Canadian Press

Recent News

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com

US regional bank slump goes global, driving market into gold

October 20, 2025 / www.canadianminingreport.com

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com

West Africa-focussed Robex and PDI to merge

October 13, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market gains

October 06, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok