S&P/TSX composite down in late-morning trading, U.S. stock markets also fall

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TORONTO — Canada’s main stock index posted a triple-digit decline in late-morning trading as the energy and base metals sectors pulled back, while U.S. stock markets also fell.

The S&P/TSX composite index was down 142.81 points at 20,040.62.

In New York, the Dow Jones industrial average was down 344.54 points at 33,970.13. The S&P 500 index was down 34.98 points at 4,310.74, while the Nasdaq composite was down 83.92 points at 14,349.91.

The Canadian dollar traded for 79.12 cents US compared with 79.52 cents US on Tuesday.

The November crude contract was down US$1.50 at US$77.43 per barrel and the November natural gas contract was down 45 cents at US$5.87 per mmBTU.

The December gold contract was down US$3.90 at US$1,757.00 an ounce and the December copper contract was down five cents at US$4.14 a pound.

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

 

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