S&P/TSX composite down as energy and base metals lead the way, U.S. stocks also lower

TORONTO — Canada's main stock index was down in late-morning trading with base metal and energy stocks helping to lead the way lower as prices for oil and other commodities fell.In New York, the Dow Jones industrial average was down 24.90 points at 34,127.70. The S&P 500 index was down 3.49 points at 4,374.89, while the Nasdaq composite was down 23.73 points at 13,616.13.The December crude contract was down US$1.63 at US$75.

The December gold contract was down US$14.50 at US$1,959.00 an ounce and the December copper contract was down three cents at US$3.65 a pound.The Canadian Press

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