Falling energy prices push S&P/TSX composite lower in late-morning trading

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TORONTO — Canada’s main stock index lost ground in late-morning trading on the final day of trading in July as the energy sector fell on lower natural gas and crude oil prices.

The S&P/TSX composite index was down 78.05 points at 20,233.73.

In New York, the Dow Jones industrial average was down 87.59 points at 34,996.94. The S&P 500 index was down 17.63 points at 4,401.52, while the Nasdaq composite was down 82.87 points at 14,695.39.

The Canadian dollar traded for 80.14 cents US, compared with 80.32 cents US on Thursday.

The September crude oil contract was down 10 cents at US$73.52 per barrel and the September natural gas contract was down 18.5 cents at US$3.88 per mmBTU.

The December gold contract was down US$10.40 at US$1,825.40 an ounce and the September copper contract was down 7.5 cents at nearly US$4.45 a pound.

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

 

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