S&P/TSX composite falls as commodities, financials struggle

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TORONTO — Canada's main stock index slumped Friday as shares of miners, energy companies and financial firms flagged, while investors eyed bonds and interest rate trends.

The S&P/TSX composite index was down 163.28 points at 18,060.26.

In New York, the Dow Jones industrial average was down 469.64 points at 30,932.37, the S&P 500 index was down 18.19 points at 3,811.15, while the Nasdaq composite was up 72.91 points at 13,192.34.

The Canadian dollar traded for 78.83 cents US compared with 79.81 cents US on Thursday, when it briefly topped 80 cents US.

The April crude oil contract was down US$2.03 at US$61.50 per barrel and the April natural gas contract was down less than a penny at $2.77 per mmBTU.

The April gold contract was down US$46.60 at US$1,728.80 an ounce and the May copper contract was down 17 cents US at US$4.09 a pound.

This report by The Canadian Press was first published Feb. 26, 2021.

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

The Canadian Press