North American stock markets fall at the start of trading, oil trades higher


TORONTO — North American stock markets fell at the start of trading today, giving up some of their recent gains, while the price of oil moved higher.

The S&P/TSX composite index was down 217.17 points at 15,010.94.

In New York, the Dow Jones industrial average was down 345.72 points at 24,288.14. The S&P 500 index was down 32.47 points at 2,907.04, while the Nasdaq composite was down 47.40 points at 8,867.31.

The Canadian dollar traded for 71.95 cents US compared with an average of 71.83 cents US on Wednesday.

The June crude contract was up US$1.85 at US$16.91 per barrel and the June natural gas contract was up nearly a penny at nearly US$1.88 per mmBTU.

The June gold contract was down 70 cents at US$1,712.70 an ounce and the July copper contract was down two cents a nearly US$2.35 a pound.

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