S&P/TSX composite down amid tech sector losses, U.S. stock markets also lower | Globalnews.ca

Losses in the technology sector helped lead Canada’s main stock index lower in late-morning trading, while U.S. stock markets also retreated to start the week.

The S&P/TSX composite index was down 27.46 points at 20,687.02.

In New York, the Dow Jones industrial average was down 27.06 points at 33,951.02. The S&P 500 index was down 22.76 points at 4,047.80, while the Nasdaq composite was down 139.64 points at 11,482.07.

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The Canadian dollar traded for 74.95 cents US compared with 75.11 cents US on Friday.

The March crude contract was down 23 cents at US$79.45 per barrel and the March natural gas contract was down 11 cents at US$2.74 per mmBTU.

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The April gold contract was down US$5.80 at US$1,939.80 an ounce and the March copper contract was down a penny at US$4.21 a pound.

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