S&P/TSX composite down in late morning trading, U.S. stock markets also lower | Globalnews.ca

Losses in the energy and base metals sectors helped drag Canada’s main stock index down, while US stock markets also fell in late morning trading.

s & P/tsx The Composite Index fell 51.61 points to close at 20,653.18.

The Dow Jones Industrial Average was down 120.37 points at 33,968.90 in New York. The S&P 500 index was down 13.92 points at 4,122.21 and the Nasdaq Composite was down 7.28 points at 11,952.87.

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The Canadian dollar traded for 74.56 cents US compared to 74.93 cents US on Tuesday.

The March crude contract was down US$1.54 at US$77.52 a barrel and the March natural gas contract was down 2 cents at US$2.55 per mmBtu.

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The April gold contract was down US$18.90 at US$1,846.50 an ounce and the March copper contract was down six cents at US$4.01 a pound.

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