S&P/TSX composite falls from record high ahead of Bank of Canada report

S&P/TSX composite falls from record high ahead of Bank of Canada report

TORONTO — Canada's main stock index ended a 14-day winning streak of daily gains as it moved off record highs ahead of Wednesday's economic update from the Bank of Canada.

The S&P/TSX composite index closed down 111.39 points to 21,173.45.

In New York, the Dow Jones industrial average was up 15.73 points at 35,756.88. The S&P 500 index was up 8.31 points at 4,574.79, while the Nasdaq composite was up 9.01 points at 15,235.71.

The Canadian dollar traded for 80.80 cents US compared with 80.78 cents US on Monday.

The December crude contract was up 89 cents at US$84.65 per barrel and the December natural gas contract was down 5.3 cents at US$6.00 per mmBTU.

The December gold contract was down US$13.40 at US$1,793.40 an ounce and the December copper contract was down 4.2 cents at nearly US$4.49 a pound.

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

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

The Canadian Press

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