Energy and materials sectors hurt Toronto stock market, loonie slips lower

The Canadian Press</span>
Published Monday, March 19, 2018 7:02AM EDT
Last Updated Monday, March 19, 2018 11:24AM EDT

TORONTO -- Canada's main stock index posted a triple-digit decline in late-morning trading, hurt by weakness in the energy and materials sectors.

The S&P/TSX composite index was down 111.65 points to 15,599.68, after 90 minutes of trading.

In New York, the Dow Jones industrial average was down 241.54 points to 24,704.97. The S&P 500 index was down 29.21 points to 2,722.80 and the Nasdaq composite index was down 120.68 points to 7,361.31.

The Canadian dollar was trading at 76.36 cents US, down from an average price of 76.41 cents US on Friday.

The May crude contract was down 27 cents to US$62.14 per barrel and the April natural gas contract was down four cents to US$2.65 per mmBTU.

The April gold contract was down 20 cents to US$1,312.10 an ounce and the May copper contract was down three cents to US$3.08 a pound.

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