S&P/TSX composite down more than 200 points in broad based decline
Canada’s main stock index was down more than 200 points in late-morning trading in a broad-based decline led by losses in the base metal, energy and industrial sectors.In New York, the Dow Jones industrial average was down 268.91 points at 32,773.87. The S&P 500 index was down 37.04 points at 4,168.48, while the Nasdaq composite was down 111.98 points at 12,905.45.
The July crude oil contract was down 83 cents at US$68.63 per barrel and the July natural gas contract was down a penny at US$2.32 per mmBTU. The August gold contract was up US$11.90 at US$1,989.00 an ounce and the July copper contract was down two cents at US$3.64 a pound.
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