S&P/TSX composite down as energy stocks and oil falls, U.S. stock markets mixed

TORONTO — Canada’s main stock index was down more than 100 points in late-morning trading as energy stocks and the price of oil fell.  

The S&P/TSX composite index was down 149.26 points at 21,312.57.

In New York, the Dow Jones industrial average was up 382.98 points at 33,327.17. The S&P 500 index was up 31.40 points at 4,235.71, while the Nasdaq composite was down 7.44 per cent at 12,836.37.

The Canadian dollar traded for 78.47 cents US compared with 78.62 cents US on Friday.

The April crude contract was down US$9.03 at US$100.30 per barrel and the April natural gas contract was down 11 cents at US$4.62 per mmBTU.

The April gold contract was down US$28.50 at US$1,956.50 an ounce and the May copper contract was down 11 cents at US$4.52 a pound.

This report by The Canadian Press was first published March 14, 2022.

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

The Canadian Press