S&P/TSX composite slips but notches longest monthly winning streak in four years

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TORONTO — Canada's main stock index closed slightly lower after reaching an intraday record but ended August by notching a seventh straight month of gains for the longest streak in more than four years.

The S&P/TSX composite index closed down 12.03 points to 20,582.94.

In New York, U.S. stock markets also dipped with the Dow Jones industrial average down 39.11 points at 35,360.73. The S&P 500 index was down 6.11 points at 4,522.68, while the Nasdaq composite was down 6.65 points at 15,259.24.

The Canadian dollar traded for 79.26 cents US compared with 79.35 cents US on Monday.

The October crude oil contract was down 71 cents at US$68.50 per barrel and the October natural gas contract was up 7.2 cents at US$4.38 per mmBTU.

The December gold contract was up US$5.90 at US$1,818.10 an ounce and the December copper contract was down slightly to US$4.38 a pound.

This report by The Canadian Press was first published Aug. 31, 2021.

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

The Canadian Press

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