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

Canada’s main stock index was down in late-morning trading, weighed down by losses in base metal and telecommunications stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 66.62 points at 21,346.53.

In New York, the Dow Jones industrial average was up 7.77 points at 39,139.30. The S&P 500 index was down 6.94 points at 5,081.86, while the Nasdaq composite was down 4.53 points at 15,992.29.

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The Canadian dollar traded for 73.99 cents US compared with 74.11 cents US on Friday.

The April crude contract was up 48 cents at US$76.97 per barrel and the April natural gas contract was up nine cents at US$1.79 per mmBTU.

The April gold contract was down US$11.50 at US$2,037.90 an ounce and the May copper contract was down six cents at US$3.84 a pound.

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