February 18th, 2018

Toronto stock market moves lower on broad weakness, loonie steps back

By The Canadian Press on February 9, 2018.

Canada's main stock index fell in late-morning trading, weighed down by broad-based weakness including losses in the influential energy, materials and financial sectors. A TSX tote board is pictured in Toronto, on Dec. 31, 2012. THE CANADIAN PRESS/Frank Gunn

TORONTO – Canada’s main stock index fell in late-morning trading, weighed down by broad-based weakness including losses in the influential energy, materials and financial sectors.

The S&P/TSX composite index was down 89.08 points to 14,976.53, after 90 minutes of trading.

In New York, the Dow Jones industrial average was down 12.51 points to 23,847.95. The S&P 500 index was up 13.97 points to 2,594.97 and the Nasdaq composite index was up 26.26 points to 6,803.42.

The Canadian dollar was trading at 79.26 cents US, down from an average price of 79.46 cents US on Thursday.

The March crude contract was down $1.27 to US$59.88 per barrel and the March natural gas contract was down 10 cents to US$2.60 per mmBTU.

The April gold contract was down $3.00 to US$1,313.90 an ounce and the March copper contract was down three cents to US$3.04 a pound.

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