S&P/TSX composite down more than 100 points, U.S. stock markets also down

TORONTO — Canada’s main stock index posted a triple-digit drop in late-morning trading as losses in the energy sector helped lead a broad-based decline, while U.S. stock markets also fell.

The S&P/TSX composite index was down 134.32 points at 20,943.03.

In New York, the Dow Jones industrial average was down 58.92 points at 35,695.83. The S&P 500 index was down 18.53 points at 4,682.68, while the Nasdaq composite was down 124.46 points at 15,662.53.

The Canadian dollar traded for 78.68 cents US compared with 79.10 cents US on Wednesday.

The January crude contract was down 61 cents at US$71.75 per barrel and the January natural gas contract was down a penny at US$3.81 per mmBTU.

The February gold contract was down US$4.30 at US$1,781.20 an ounce and the March copper contract was down eight cents at US$4.32 a pound.

This report by The Canadian Press was first published Dec. 9, 2021.

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

The Canadian Press