North American stock markets down in early trading, loonie climbs higher

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TORONTO — Canada’s main stock index was down in early trading amid losses in the base metal and technology sectors, while U.S. stock markets also fell and the loonie climbed higher against the U.S. dollar.

The S&P/TSX composite index was down 45.49 points at 19,228.55.

In New York, the Dow Jones industrial average was down 130.21 points at 34,138.95. The S&P 500 index was down 26.38 points at 4,125.72, while the Nasdaq composite was down 138.87 points at 13,250.56.

The Canadian dollar traded for 82.86 cents US compared with 82.67 cents US on Tuesday.

The June crude contract was up 52 cents at US$65.80 per barrel and the June natural gas contract was down less than a penny at US$2.95 per mmBTU.

The June gold contract was down US$6.00 at US$1,830.10 an ounce and the July copper contract was down four cents at US$4.73 a pound.

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

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