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S&P/TSX composite down in late morning trading, U.S. stock markets also lower | Globalnews.ca

Canada’s main stock index was down in late-morning trading as losses in the base metals sector helped lead stocks lower, while U.S. stock markets also fell to start the week.

The S&P/TSX composite index was down 82.08 points at 20,676.26.

In New York, the Dow Jones industrial average was down 53.47 points at 33,872.54. The S&P 500 index was down 13.80 points at 4,122.68, while the Nasdaq composite was down 43.00 points at 11,963.96.

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The Canadian dollar traded for 74.37 cents US compared with 74.68 cents US on Friday.

The March crude contract was down 58 cents at US$72.81 per barrel and the March natural gas contract was down a penny at US$2.40 per mmBTU.

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The April gold contract was up US$3.00 at US$1,879.60 an ounce and the March copper contract was down four cents at US$4.01 a pound.

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