Toronto stock index down moderately, Canadian dollar weakens

TORONTO - Canada's main stock index fell modestly this morning, with some of the drag caused by two of Canada's biggest marijuana companies.

The Toronto Stock Exchange's S&P/TSX composite index was down 22.05 points to 15,692.61, after 90 minutes of trading.

Medical marijuana producers Aphria Inc. and Canopy Growth Corp., which have been retreating since their peak in early January, were down again while a number of gold stocks also weakened.

In New York, the Dow Jones industrial average was down 70.78 points to 25,638.49. The S&P 500 index was down 10.93 points to 2,768.67 and the Nasdaq composite index was down 32.70 points to 7,388.76.

The Canadian dollar was trading at 78.40 cents US, down from Monday's average price of 78.83 cents US.

The April crude contract was down 62 cents to US$63.29 per barrel and the April natural gas contract was down one cent at US$2.68 per mmBTU.

The April gold contract was down US$15.20 to US$1,317.60 an ounce and the May copper contract was down five cents to US$3.17 a pound.

Companies in this story: (TSX:APH, TSX:WEED)

The Canadian Press. All rights reserved. 2018

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