S&P/TSX composite down more than 200 points in morning trading, U.S. markets mixed
Losses in the energy sector helped lead Canada’s main stock index down in late-morning trading on the heels of new data showing inflation ticked higher in April, while U.S. stock markets were mixed.In New York, the Dow Jones industrial average was down 213.75 points at 33,134.85. The S&P 500 index was down 14.19 points at 4,122.09, while the Nasdaq composite was up 13.10 points at 12,378.31.
The June crude oil contract was down 42 cents at US$70.69 per barrel and the June natural gas contract was up six cents at US$2.44 per mmBTU. The June gold contract was down US$19.50 at US$2,003.20 an ounce and the July copper contract was down eight cents at US$3.67 a pound.
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