Stocks in Toronto and U.S. down in late-morning trading, loonie up

Stocks in Toronto and U.S. down in late-morning trading, loonie up
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TORONTO — Canada’s main stock index posted a triple-digit decline on broad-based weakness as the key financial, industrial and materials sectors moved lower.

The S&P/TSX composite index was down 103.86 points at 16,419.61.

In New York, the Dow Jones industrial average was down 43.83 points at 26,683.71. The S&P 500 index was down 10.60 points at 2,934.75, while the Nasdaq composite was down 54.12 points at 7,951.58.

The Canadian dollar traded for 75.95 cents US compared with an average of 75.79 cents US on Monday.

The August crude contract was down nine cents at US$57.81 per barrel and the August natural gas contract was down 4.6 cents at US$2.24 per mmBTU.

The August gold contract was up US$16.10 at US$1,434.30 an ounce and the July copper contract was up 3.4 cents at US$2.74 a pound.

 

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

 

The Canadian Press

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