Energy stocks drive Toronto market lower while U.S. stocks mixed

TORONTO – Canada’s main stock index retreated as the energy sector fell on a drop in oil prices, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 49.90 points at 15,144.14 in late-morning trading.

In New York, the Dow Jones industrial average was down 36.89 points at 25,301,95. The S&P 500 index was up 3.55 points at 2,741.31, while the Nasdaq composite was up 18.43 points at 7,291.51.

The Canadian dollar traded lower at 75.11 cents US compared with an average of 75.33 cents US on Thursday.

The January crude contract was down 54 cents at US$50.91 per barrel and the January natural gas contract was down 11.1 cents US$4.53 per mmBTU.

The February gold contract was down US$5.00 at US$1,225.40 an ounce and the March copper contract was down 0.55 of a cent at US$2.78 a pound.

Index and currency in this story: (TSX:GSPTSE, TSX:CADUSD=X)

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