North American stock markets down in late-morning trading, loonie moves lower

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TORONTO — Losses in the base metal and energy sectors helped lead Canada’s main stock index lower in late-morning trading, while U.S. stock markets also pulled back.

The S&P/TSX composite index was down 90.06 points at 20,093.66.

In New York, the Dow Jones industrial average was down 120.20 points at 34,866.82. The S&P 500 index was down 12.45 points at 4,347.58, while the Nasdaq composite was down 42.34 points at 14,500.79.

The Canadian dollar traded for 79.39 cents US compared with 79.54 cents US on Thursday.

The September crude oil contract was down 26 cents at US$71.12 per barrel and the August natural gas contract was up five cents at US$3.66 per mmBTU.

The August gold contract was down US$16.60 at US$1,812.40 an ounce and the September copper contract was up less than a penny at US$4.32 a pound.

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