TORONTO — Canada’s main stock index was down more than 200 points in late-morning trading in a broad-based decline as the price of oil moved lower and U.S. stock markets also dropped.
The S&P/TSX composite index was down 209.88 points at 19,901.50.
In New York, the Dow Jones industrial average was down 449.42 points at 33,257.32. The S&P 500 index was down 70.47 points at 4,158.01, while the Nasdaq composite was down 264.29 points at 12,440.93.
The Canadian dollar traded for 76.69 cents US compared with 76.98 cents US on Friday.
The October crude contract was down US$3.37 at US$87.07 per barrel and the September natural gas contract was up 29 cents at US$9.63 per mmBTU.
The December gold contract was down US$13.40 at US$1,749.50 an ounce and the September copper contract was down four cents at US$3.62 a pound.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)