S&P/TSX composite down in late-morning trading, U.S. stock markets mixed

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TORONTO — Canada’s main stock index started the week down more than 100 points in late-morning trading as losses in the energy and utilities sectors tugged markets lower, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 145.16 points at 20,616.84.

In New York, the Dow Jones industrial average was down 61.28 points at 32,915.93. The S&P 500 index was down 6.70 points at 4,125.23, while the Nasdaq composite was up 34.98 points at 12,369.62.

The Canadian dollar traded for 77.52 cents US compared with 78.17 cents US on Friday.

The June crude contract was down US$3.39 at US$101.30 per barrel and the June natural gas contract was up 17 cents at US$7.42 per mmBTU.

The June gold contract was down US$48.40 at US$1,863.3 an ounce and the July copper contract was down 17 cents at US$4.24 a pound.

This report by The Canadian Press was first published May 2, 2022.

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

The Canadian Press