S&P/TSX composite down as tech stocks fall, U.S. stock markets also lower

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TORONTO — Weakness in technology stocks helped lead Canada's main stock index lower in late-morning trading, while U.S. stock markets also moved lower. The S...

TORONTO — Weakness in technology stocks helped lead Canada's main stock index lower in late-morning trading, while U.S. stock markets also moved lower.In New York, the Dow Jones industrial average was down 114.57 points at 32,921.36. The S&P 500 index was down 29.50 points at 4,157.27, while the Nasdaq composite was down 150.07 points at 12,671.15.The December crude oil contract was down US$1.61 at US$83.78 per barrel and the December natural gas contract was up three cents at US$3.

Charlie Munger says investing has grown ‘much harder’ and even wealth managers now have almost zero chance of outperforming the S&P 500 — but you may still have a shot if you follow his rulesHigh interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of a GM-Honda partnership and a warning from a battery maker.

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