S&P/TSX composite declines Thursday, U.S. stock markets also fall

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S&P/TSX composite declines Thursday, U.S. stock markets also fall
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TORONTO — Canada's main stock index declined Thursday, led by losses in utilities, base metals and telecom, while U.S. markets also fell after the latest report on inflation south of the border. The S&P/TSX composite index closed down 163.

TORONTO — Canada's main stock index declined Thursday, led by losses in utilities, base metals and telecom, while U.S. markets also fell after the latest report on inflation south of the border.In New York, the Dow Jones industrial average was down 173.73 points at 33,631.14. The S&P 500 index was down 27.34 points at 4,349.61,while the Nasdaq composite was down 85.46 points at 13,574.22.The November crude contract was down 58 cents at US$82.

The December gold contract was down US$4.30 at US$1,883.00 an ounce and the December copper contract was down two cents at US$3.59 a pound.The Canadian Press

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