S&P/TSX composite moves lower Thursday despite energy gains, U.S. stock markets down

TORONTO — Strength in energy stocks Thursday wasn't enough to keep Canada's main stock index from posting a loss amid weakness in tech and other sectors, while U.S. markets also declined.In New York, the Dow Jones industrial average was down 290.91 points at 34,474.83. The S&P 500 index was down 33.97 points at 4,370.36, while the Nasdaq composite was down 157.70 points at 13,316.93.The October crude contract was up 88 cents US at US$79.

The December gold contract was down US$13.10 at US$1,915.20 an ounceand the September copper contract was up three cents at US$3.69 a pound.The Canadian Press

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