TORONTO — Canada’s main stock index fell more than 100 points in late-morning trading as losses in the base metal and technology stocks helped to more than offset gains in the energy sector as the price of oil moved higher.
The S&P/TSX composite index was down 106.92 points at 34,304.77.
In New York, the Dow Jones industrial average was down 509.19 points at 50,362.92. The S&P 500 index was down 51.84 points at 7,334.81, while the Nasdaq composite was down 274.56 points at 25,404.26.
The Canadian dollar traded for 71.79 cents US compared with 71.70 cents US on Tuesday.
The July crude oil contract was up US$1.41 at US$89.61
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