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S&P/TSX composite creeps lower in late-morning trading, U.S. stock markets mixed

Canada’s main stock index crept lower in late-morning trading, weighed down by losses in the energy and telecom stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 14.60 points at 21,779.96.

In New York, the Dow Jones industrial average was up 93.59 points at 38,884.94. The S&P 500 index was down 9.48 points at 5,147.88, while the Nasdaq composite was down 41.40 points at 16,231.98.

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The Canadian dollar traded for 74.25 cents US compared with 74.22 cents US on Thursday.

The April crude contract was down 52 cents at US$78.41 per barrel and the April natural gas contract was down two cents at US$1.80 per mmBTU.

The April gold contract was up US$15.90 at US$2,181.10 an ounce and the May copper contract was down three cents at US$3.89 a pound.

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