S&P/TSX composite down as energy sector falls, U.S. stock markets also move lower

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TORONTO — Losses in the energy sector helped lead Canada’s main stock index lower in late-morning trading as the price of oil fell.

The S&P/TSX composite index was down 57.08 points at 20,224.38.

In New York, the Dow Jones industrial average was down 409.08 points at 34,377.27. The S&P 500 index was down 30.66 points at 4,321.68, while the Nasdaq composite was down 11.09 points at 14,628.24.

The Canadian dollar traded for 80.09 cents US compared with 81.02 cents US on Monday.

The August crude contract was down US$1.79 at US$73.37 per barrel and the August natural gas contract was down eight cents at US$3.62 per mmBTU.

The August gold contract was up US$21.90 at US$1,805.20 an ounce and the September copper contract was down three cents at US$4.25 a pound.

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