Canada’s main stock index was down more than 100 points in late morning trading, with energy and industrial sectors trimming losses, while US stock markets also fell.
s & P/tsx The Composite Index fell 114.31 points to close at 20,515.24.
The Dow Jones Industrial Average in New York was down 302.23 points at 33,431.73. The S&P 500 index was down 45.02 points at 3,971.93 and the Nasdaq Composite was down 155.44 points at 11,178.83.
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The Canadian dollar traded for 74.52 cents to the US, compared to 74.79 on Tuesday.
The March crude contract was up 36 cents at US$80.49 a barrel and the March natural gas contract was down 9 cents at US$2.96 per mmBtu.
The February gold contract was down US$4.30 at US$1,931.10 an ounce and the March copper contract was down 2 cents at US$4.23 a pound.
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