Loonie trades lower

The Toronto Stock Exchange Broadcast Centre is shown in Toronto.

The energy, industrials and materials sectors on the Toronto Stock Exchange moved lower and weighed on Canada’s main stock index in late-morning trading.

The S&P/TSX composite index was down 73.73 points at 15,872.44.

In New York, the Dow Jones industrial average was down 16.06 points at 26,470.72. The S&P 500 index was up 4.88 points at 2,889.31, while the Nasdaq composite was up 41.96 points at 7,777.91.

The Canadian dollar traded for 77.10 cents US compared with an average of 77.30 cents US on Friday.

The November crude contract was up 38 cents at US$74.67 per barrel and the November natural gas contract was up 2.8 cents at US$3.29 per mmBTU.

The December gold contract was up US$2.60 at US$1,191.20 an ounce and the December copper contract was up 1.70 cents at US$2.78 a pound.

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