Canada
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S&P/TSX composite edges lower as price of oil falls, U.S. stock markets also down

TORONTO — Canada’s main stock index edged lower in late-morning trading, as the price of oil fell and losses in the energy sector weighed on the Toronto market, while U.S. stock markets also moved lower.

The S&P/TSX composite index was down 22.96 points at 19,967.21.

In New York, the Dow Jones industrial average was down 27.19 points at 33,569.15. The S&P 500 index was down 8.21 points at 3,933.05, while the Nasdaq composite was down 63.75 points at 10,951.14.

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The Canadian dollar traded for 73.34 cents US compared with 73.27 cents US on Tuesday.

The January crude oil contract was down US$1.47 at US$72.78 per barrel and the January natural gas contract was up three cents at US$5.50 per mmBTU.

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The February gold contract was up US$8.40 at US$1,790.80 an ounce and the March copper contract was up two cents at US$3.83 a pound.