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S&P/TSX composite down in late-morning trading, U.S. stock markets mixed

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TORONTO -

Losses in the base metals sector helped lead Canada's main stock index lower in late-morning trading, while U.S. stock markets put in a mixed showing.

The S&P/TSX composite index was down 38.07 points at 20,662.43.

In New York, the Dow Jones industrial average was down 10.59 points at 33,938.82. The S&P 500 index was up 1.54 points at 4,061.97, while the Nasdaq composite was up 38.62 points at 11,551.03.

The Canadian dollar traded for 75.08 cents US compared with 74.91 cents US on Thursday.

The March crude contract was down 95 cents at US$80.06 per barrel and the March natural gas contract was down five cents at US$2.79 per mmBTU.

The February gold contract was down US$4.50 at US$1,925.50 an ounce and the March copper contract was down seven cents at US$4.20 a pound.

This report by The Canadian Press was first published Jan. 27, 2023

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