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

Canada’s main stock index was lower in late-morning trading, weighed down by losses in technology and financial stocks, while U.S. stock markets also fell.

The S&P/TSX composite index was down 51.75 points at 21,165.78.

In New York, the Dow Jones industrial average was down 37.60 points at 38,526.20. The S&P 500 index was down 4.08 points at 4,971.43, while the Nasdaq composite was down 68.37 points at 15,562.41.

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The Canadian dollar traded for 74.02 cents US compared with 73.98 cents US on Tuesday.

The April crude contract was up 48 cents at US$77.52 per barrel and the April natural gas contract was up 19 cents at US$1.84 per mmBTU.

The April gold contract was down US$5.20 at US$2,034.60 an ounce and the March copper contract was up a penny at US$3.87 a pound.


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