S&P/TSX composite posts triple-digit decline on broad-based weakness

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TORONTO — Canada’s main stock index posted a triple-digit decline in late-morning trading as it was hit by broad-based weakness on the Toronto Stock Exchange.

The S&P/TSX composite index was down 107.89 points at 16,932.31.

In New York, the Dow Jones industrial average was down 233.97 points at 27,817.44. The S&P 500 index was down 28.32 points at 3,112.66, while the Nasdaq composite was down 119.20 points at 8,546.27.

The Canadian dollar traded for 75.20 cents US compared with an average of 75.25 cents US on Friday.

The January crude contract was up 74 cents at US$55.91 per barrel and the January natural gas contract was up 2.6 cents at US$2.307 per mmBTU.

The February gold contract was down US$3.50 at US$1,469.20 an ounce and the March copper contract was down 0.45 of a cent at US$2.6570 a pound.

 

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

 

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