S&P/TSX composite down in late-morning trading as base metals sector falls

TORONTO — Canada’s main stock index was down in late-morning trading, led lower by losses in the base metals sector, while U.S. stock markets moved higher.

The S&P/TSX composite index was down 15.55 points at 21,982.83.

In New York, the Dow Jones industrial average was up 159.93 points at 35,320.72. The S&P 500 index was up 18.66 points at 4,478.11, while the Nasdaq composite was up 65.95 points at 13,519.02.

The Canadian dollar traded for 79.91 cents US compared with 79.99 cents US on Wednesday.

The June crude contract was up US$1.67 at US$103.86 per barrel and the May natural gas contract was down 10 cents at US$6.84 per mmBTU.

The June gold contract was down US$9.00 at US$1,946.60 an ounce and the May copper contract was up four cents at US$4.69 a pound.

This report by The Canadian Press was first published April 21, 2022.

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

The Canadian Press