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TSX lower as U.S. stocks gain ground, loonie trades higher


The Canadian Press</span>
Published Thursday, December 14, 2017 12:22AM EST
Last Updated Thursday, December 14, 2017 11:34AM EST

TORONTO -- Canada's main stock index slipped into the red in late-morning trading as the influential materials, financial and energy sectors all lost ground.

The S&P/TSX composite index was down 15.44 points to 16,121.15, after 90 minutes of trading.

In New York, the Dow Jones industrial average was up 30.42 points to 24,615.85. The S&P 500 index was up 3.20 points to 2,666.05 and the Nasdaq composite index was up 20.09 points to 6,895.89.

The Canadian dollar was trading at 77.87 cents US, up from an average price of 77.81 cents US on Wednesday.

The January crude contract was up 12 cents to US$56.72 per barrel and the January natural gas contract was down four cents to US$2.68 per mmBTU.

The February gold contract was up US$6.30 to US$1,254.90 an ounce and the March copper contract was up two cents to US$3.07 a pound.

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