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S&P/TSX composite down more than 100 points in late morning trading

A signboard displays the TSX as women walk past the Richmond Adelaide Centre in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler

Canada’s main stock index was down more than 100 points in late-morning trading, led lower by losses in the financial and utility sectors, while energy stocks were up as the price of oil climbed higher.

The S&P/TSX composite index was down 112.67 points at 19,122.42.

In New York, the Dow Jones industrial average was down 78.12 points at 30,195.75. The S&P 500 index was down 9.36 points at 3,773.92, while the Nasdaq composite was down 5.99 points at 11,142.65.

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The Canadian dollar traded for 72.87 cents US compared with 73.31 cents US on Wednesday.

The November crude contract was up 83 cents at US$88.59 per barrel and the November natural gas contract was up 15 cents at US$7.08 per mmBTU.

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The December gold contract was down US$1.00 at US$1,719.80 an ounce and the December copper contract was down three cents at US$3.47 a pound.

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