North American stock markets down in late-morning trading, loonie falls

North American stock markets down in late-morning trading, loonie falls
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TORONTO — Canada’s main stock index was down in late-morning trading, though off its lows of earlier in the day, as the energy and technology sectors lost ground.

The S&P/TSX composite index was down 26.60 points at 16,269.06.

In New York, the Dow Jones industrial average was down 21.05 points at 28,011.33. The S&P 500 index was down 18.39 points at 3,367.10, while the Nasdaq composite was down 119.00 points at 10,931.47.

The Canadian dollar traded for 75.79 cents US compared with 75.94 cents US on Wednesday.

The October crude contract was up 83 cents at US$40.99 per barrel and the October natural gas contract was down 25 cents at US$2.02 per mmBTU.

The December gold contract was down US$16.90 at US$1,953.60 an ounce and the December copper contract was up almost a penny at US$3.07 a pound.

This report by The Canadian Press was first published Sept. 17, 2020.

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

The Canadian Press

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