S&P/TSX composite down more than 200 points in late-morning trading

Losses in the energy sector helped lead a broad decline as Canada’s main stock index was down more than 200 points in late-morning trading, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 249.72 points at 18,333.41.

In New York, the Dow Jones industrial average was up 149.80 points at 29,352.68. The S&P 500 index was down 10.51 points at 3,601.88, while the Nasdaq composite was down 64.31 points at 10,477.79.

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The Canadian dollar traded for 72.57 cents US compared with 72.93 cents US on Friday.

The November crude contract was down US$1.47 at US$89.66 per barrel and the November natural gas contract was up two cents at US$6.45 per mmBTU.

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The December gold contract was up US$2.70 at US$1,677.90 an ounce and the December copper contract was up less than a penny at US$3.43 a pound.

© 2022 The Canadian Press

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