North American stock markets fall; U.S. retail sales slump a concern

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TORONTO — North American stock markets fell Tuesday, as weaker-than-expected retail sales in the U.S. raised concerns among investors there as well as in Canada.

The S&P/TSX composite index was down 119.83 points at 20,363.59.

In New York, the Dow Jones industrial average was down 282.12 points at 35,343.28. The S&P 500 index was down 31.63 points at 4,448.08, while the Nasdaq composite was down 137.58 points at 14,656.18.

The Canadian dollar traded for 79.22 cents US compared with 79.56 cents US on Monday.

The September crude oil contract was down 70 cents at US$66.59 per barrel and the September natural gas contract was down 11 cents at US$3.84 per mmBTU.

The December gold contract was down US$2 at US$1,787.90 an ounce and the September copper contract was down 12 cents at US$4.21 a pound.

This report by The Canadian Press was first published Aug. 17, 2021.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press

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