S&P/TSX composite and U.S. stock markets down in late-morning trading

TORONTO — Canada’s main stock index was down in late-morning trading, pulled lower by losses in the technology sector, while U.S. stock markets also retreated.

The S&P/TSX composite index was down 73.13 points at 20,999.07.

In New York, the Dow Jones industrial average was down 33.81 points at 36,202.66. The S&P 500 index was down 22.77 points at 4,673.28, while the Nasdaq composite was down 167.37 points at 14,913.50.

The Canadian dollar traded for 78.96 cents US compared with 78.49 cents US on Thursday.

The February crude oil contract was down 58 cents at US$78.88 per barrel and the February natural gas contract was up 14 cents at US$3.95 per mmBTU.

The February gold contract was up US$2.00 at US$1,791.20 an ounce and the March copper contract was up two cents at US$4.38 a pound.

This report by The Canadian Press was first published Jan. 7, 2022.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press