S&P/TSX composite down in late-morning trading, U.S. stock markets higher
Canada's main stock index, the S&P/TSX composite, was down 76.66 points at 35,383.61 in late-morning trading, despite gains in the energy sector driven by rising oil prices. Meanwhile, U.S. stock markets were up.
The Dow Jones industrial average climbed 50.28 points to 51,400.20 in New York, while the S&P 500 index increased 44.05 points to 7,714.89. The Nasdaq composite also rose, gaining 256.64 points to 27,054.18.
The Canadian dollar was trading at 70.43 cents US against 70.48 cents US on Tuesday. Gold prices were up, with the December contract advancing US$13.40 to US$4,193.10 an ounce.
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