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Tech sector leads broad decline on Toronto stock market, U.S. markets also down

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Canada's main stock index posted a triple-digit decline in early trading in a broad-based decline led by losses in the technology sector, while U.S. stock markets also fell.

In New York, the Dow Jones industrial average was down 94.79 points at 31,427.96. The S&P 500 index was down 26.01 points at 3,906.58, while the Nasdaq composite was down 121.29 points at 13,926.21.The March crude oil contract was down 24 cents at US$59.81 per barrel and the March natural gas contract was down three cents at US$3.10 per mmBTU.

The April gold contract was down US$20.20 at US$1,778.80 an ounce and the March copper contract was down three cents at US$3.80 a pound.

 

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