S&P/TSX composite inches lower in late Thursday morning trading, U.S. markets rise | Globalnews.ca

TORONTO — Canada’s main stock index inched lower in late-morning trading, weighed down by telecoms and utilities, while U.S. markets rose.In New York, the Dow Jones industrial average was up 34.07 points at 35,554.19. The S&P 500 index was up 24.73 points at 4,591.48, while the Nasdaq composite was up 167.69 points at 14,294.98.Trending NowThe September crude oil contract was up US$1.27 at US$80.05 per barrel and the September natural gas contract was down 10 cents at US$2.59 per mmBTU.

The August gold contract was down US$25.40 at US$1,944.70 an ounce and the September copper contract was down three cents at US$3.86 a pound.

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