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S&P/TSX composite lower ahead of new year, U.S. markets also fall

S&P/TSX composite lower ahead of new year, U.S. markets also fall
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TORONTO — Losses in the battery metal and base metal sectors helped lead Canada’s main stock index lower in late-morning trading, while U.S. stock markets were also lower.

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The S&P/TSX composite index was down 56.94 points at 20,872.44.

In New York, the Dow Jones industrial average was down 72.54 points at 37,637.56. The S&P 500 index was down 18.44 points at 4,764.91, while the Nasdaq composite was down 117.09 points at 14,978.05.


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The Canadian dollar traded for 75.79 cents US compared with 75.69 cents US on Thursday.

The February crude oil contract was up 40 cents at US$72.17 per barrel and the February natural gas contract was down three cents at US$2.53 per mmBTU.

The February gold contract was down US$8.80 at US$2,074.70 an ounce and the March copper contract was down four cents at US$3.89 a pound.

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