Canada's main stock index moved lower, dragged down by losses in energy and base metals, while U.S. markets also ended the day in the red, led by weakness on the Nasdaq. The Dow Jones industrial average was down 41.06 points at 36,204.44. The S&P 500 index was down 24.85 points at 4,569.78, while the Nasdaq composite was down 119.54 points at 14,185.49. The January crude oil contract was down US$1.03 at US$73.04 per barrel and the January natural gas contract was down 12 cents at US$2.
69 per mmBTU. The February gold contract was down US$47.50 at US$2,042.20 an ounce and the March copper contract was down 10 cents at US$3.84 a pound. The Canadian Broadcasting Corp. and Radio-Canada is eliminating about 600 jobs and an additional 200 vacancies. Radio-Canada will eliminate about 600 jobs and an additional 200 vacancies will go unfilled as it contends with $125 million in budget pressures. It has also identified about 200 currently vacant positions that will be eliminated