North American stock markets down, energy sector weighs on Toronto

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TORONTO — Canada’s main stock index moved lower in late-morning trading, weighed down by the energy sector as the price of oil fell.

The S&P/TSX composite index was down 19.94 points at 17,601.84.

In New York, the Dow Jones industrial average was down 41.75 points at 29,118.34. The S&P 500 index was down 11.43 points at 3,314.11, while the Nasdaq composite was down 9.13 points at 9,393.35.

The Canadian dollar traded for 76.08 cents US compared with an average of 76.09 cents US on Thursday.

The March crude contract was down US$1.31 at US$54.28 per barrel and the March natural gas contract was down 3.3 cents at US$1.87 per mmBTU.

The February gold contract was up US$3.10 at US$1,568.50 an ounce and the March copper contract was down 4.3 cents at US$2.68 a pound.

 

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