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S&P/TSX composite down in late-morning trading as oil falls, U.S. stock markets mixed

TORONTO –

Canada’s main stock index was down in late-morning trading as the energy sector fell amid a drop in oil prices, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 22.70 points at 21,614.84.

In New York, the Dow Jones industrial average was down 161.46 points at 35,709.49. The S&P 500 index was up 4.60 points at 4,709.14, while the Nasdaq composite was up 103.60 points at 16,097.31.

The Canadian dollar traded for 79.12 cents US compared with 79.27 cents US on Thursday.

The January crude oil contract was down US$2.64 at US$75.77 per barrel and the December natural gas contract was up four cents at US$4.94 per mmBTU.

The December gold contract was up 20 cents at US$1,861.60 an ounce and the December copper contract was up nine cents at US$4.39 a pound.

This report by The Canadian Press was first published Nov. 19, 2021

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/s-p-tsx-composite-down-in-late-morning-trading-as-oil-falls-u-s-stock-markets-mixed-1.5672805

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