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S&P/TSX lower in Monday morning trading as U.S. markets also fall

Losses in the industrials and technology sectors led Canada’s main stock index lower in late-morning trading, while U.S. stock markets also fell.

The S&P/TSX composite index was down 52.55 points at 21,684.98.

In New York, the Dow Jones industrial average was down 134.09 points at 38,588.60. The S&P 500 index was down 20.92 points at 5,102.77, while the Nasdaq composite was down 62.29 points at 16,022.82.

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The Canadian dollar traded for 74.10 cents US compared with 74.23 cents US on Friday.

The April crude oil contract was down 42 cents at US$77.59 per barrel and the April natural gas contract was down three cents at US$1.77 per mmBTU.

The April gold contract was up US$3.00 at US$2,188.50 an ounce and the May copper contract was up two cents at US$3.91 a pound.

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