S&P/TSX composite posts triple-digit decline, U.S. stock markets also tumble


TORONTO — Losses in the base metals sector helped lead the way lower in late-morning trading on the Toronto Stock Exchange as Canada’s main stock index posted a triple-digit decline, while U.S. stock markets also fell.

The S&P/TSX composite index was down 107.41 points at 20,586.38.

In New York, the Dow Jones industrial average was down 212.45 points at 34,601.94. The S&P 500 index was down 28.56 points at 4,452.14, while the Nasdaq composite was down 85.59 points at 15,075.94.

The Canadian dollar traded for 78.78 cents US compared with 79.05 cents US on Wednesday.

The October crude oil contract was down 85 cents at US$71.76 per barrel and the October natural gas contract was down 12 cents at US$5.34 per mmBTU.

The December gold contract was down US$40.70 at US$1,754.10 an ounce and the December copper contract was down 12 cents at US$4.29 a pound.

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