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S&P/TSX composite falls as oil prices fall and energy sector falls


Canada’s main stock index fell more than 100 points in late morning trade, weighed down by losses in the energy sector as oil prices fell, while the US stock market also fell.

S&P/TSX The composite index fell 157.23 points to 19,823.68.

In New York, the Dow Jones Industrial Average fell 91.04 points to 33,654.65. The S&P 500 fell 20.78 points to 3,944.56, while the Nasdaq composite fell 97.49 points to 11,048.57.

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S&P/TSX composite increased nearly 100 points, the US market also increased

The Canadian dollar traded for 74.16 US cents versus 74.71 US cents on Friday.

The January crude oil contract fell $4.71 to $75.40 a barrel and the December natural gas contract rose 34 cents to $6.64 per mmBTU.

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The December gold contract fell $16.70 to $1,737.70 an ounce and the December contract fell 7 cents to $3.56 a pound.

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