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TORONTO — Losses in energy and base metals stocks helped lead Canada’s main stock index lower in late-morning trading as the price of oil slipped below US$60 a barrel, while U.S. stock markets were mixed.
The S&P/TSX composite index was down 61.58 points at 18,753.55.
In New York, the Dow Jones industrial average was down 20.66 points at 32,710.54. The S&P 500 index was up 6.90 points at 3,947.49, while the Nasdaq composite was up 11.76 points at 13,389.30.
The Canadian dollar traded for 79.68 cents US compared with 79.92 cents US on Monday.
The May crude oil contract was down US$2.66 at US$58.90 per barrel and the April natural gas contract was down four cents at US$2.55 per mmBTU.
The April gold contract was down US$11.60 at US$1,726.50 an ounce and the May copper contract was down five cents at US$4.09 a pound.
This report by The Canadian Press was first published March 23, 2021.