S&P/TSX composite down as Shopify decline weighs on information technology sector


TORONTO — Canada’s main stock index was down in late-morning trading as a decline in Shopify Inc. weighed on the information technology sector and U.S. stock markets also pulled back.

The S&P/TSX composite index was down 105.44 points at 18,999.04.

In New York, the Dow Jones industrial average was down 99.39 points at 31,890.65. The S&P 500 index was down 29.90 points at 3,936.94, while the Nasdaq composite was down 156.56 points at 11,626.11.

The Canadian dollar traded for 77.65 cents US compared with 77.81 cents US on Monday.

The September crude contract was up US$1.12 at US$97.82 per barrel and the September natural gas contract was up 40 cents at US$8.97.

The August gold contract was down US$1.60 at US$1,717.50 an ounce and the September copper contract was up five cents at US$3.41 a pound.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)



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