TORONTO — Canada’s main stock index posted a triple-digit decline in early trading, led by the energy sector as the price of oil fell amid coronavirus worries.
The S&P/TSX composite index was down 160.66 points at 17,373.97.
In New York, the Dow Jones industrial average was down 194.66 points at 29,984.39. The S&P 500 index was down 36.35 points at 3,673.06, while the Nasdaq composite was down 103.57 points at 12,652.07.
The Canadian dollar traded for 77.76 cents US compared with 78.28 cents US on Friday.
The February crude oil contract was down US$2.11 at US$47.13 per barrel and the January natural gas contract was down a penny at US$2.69 per mmBTU.
The February gold contract was down US$4.90 at US$1,884.00 an ounce and the March copper contract was down seven cents at US$3.56 a pound.