Canada's main stock index was down more than 150 points in late-morning trading as losses in the financial, technology and utility sectors helped lead the way lower and U.S. stock markets also pulled back.
In New York, the Dow Jones industrial average was down 436.42 points at 32,833.35. The S&P 500 index was down 48.05 points at 3,804.92, while the Nasdaq composite was down 134.54 points at 10,324.22.The February crude oil contract was up US$1.13 at US$73.97 per barrel and the February natural gas contract was down 39 cents at US$3.78 per mmBTU.
The February gold contract was down US$25.00 at US$1,834.00 an ounce and the March copper contract was up seven cents at US$3.81 a pound.
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