S&P/TSX composite slips as materials fall, U.S. stock markets mixed

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Published January 28, 2022 at 11:18 am

TORONTO — Canada’s main stock index was down slightly in late-morning trading as industrials and materials fell, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 11.11 points at 20,533.00.

In New York, the Dow Jones industrial average was down 46.31 points at 34,144.57. The S&P 500 index was up 16.73 points at 4,343.23, while the Nasdaq composite was up 154.25 points at 13,507.03.

The Canadian dollar traded for 78.28 cents US compared with 78.67 cents US on Thursday.

The March crude contract was up $1.33 at US$87.94 per barrel and the March natural gas contract was up 47 cents at US$4.75 per mmBTU.

The April gold contract was down US$11 at US$1,784.00 an ounce and the March copper contract was down 10 cents at US$4.325 a pound.

This report by The Canadian Press was first published Jan. 28, 2022.

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

The Canadian Press

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