S&P/TSX composite down Wednesday, U.S. stock markets mixed

Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Veczan. AV

Canada’s main stock index moved lower Wednesday as the market digested an interest rate hike by the Bank of Canada, while U.S. markets were mixed.

The S&P/TSX composite index was down 71.91 points at 19,983.69.

In New York, the Dow Jones industrial average was up 91.74 points at 33,665.02. The S&P 500 index was down 16.33 points at 4,267.52,while the Nasdaq composite was down 171.52 points at 13,104.89.

The Canadian dollar traded for 74.76 cents US compared with 74.52 cents US on Tuesday.

The July crude contract was up 79 cents at US$72.53 per barrel and the July natural gas contract was up seven cents at U$2.33 per mmBTU.

The August gold contract was down US$23.10 at US$1,958.40 an ounceand the July copper contract was down a penny at US$3.76 a pound.


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