Losses in the energy and base metal sectors helped lead Canada’s main stock index lower, while U.S. stock markets also fell in late-morning trading.
The S&P/TSX composite index was down 51.61 points at 20,653.18.
In New York, the Dow Jones industrial average was down 120.37 points at 33,968.90. The S&P 500 index was down 13.92 points at 4,122.21, while the Nasdaq composite was down 7.28 points at 11,952.87.
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The Canadian dollar traded for 74.56 cents US compared with 74.93 cents US on Tuesday.
The March crude contract was down US$1.54 at US$77.52 per barrel and the March natural gas contract was down two cents at US$2.55 per mmBTU.
The April gold contract was down US$18.90 at US$1,846.50 an ounce and the March copper contract was down six cents at US$4.01 a pound.
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