S&P/TSX composite down as oil falls, U.S. stock markets mixed ahead of Fed decision

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TORONTO — Canada's main stock index was lower in late-morning trading, weighed down by losses in the energy stocks as the price of oil fell, while U.S. stock markets were mixed ahead of the Federal Reserve's interest rate decision this afternoon.

TORONTO — Canada's main stock index was lower in late-morning trading, weighed down by losses in the energy stocks as the price of oil fell, while U.S. stock markets were mixed ahead of the Federal Reserve's interest rate decision this afternoon.In New York, the Dow Jones industrial average was up 94.84 points at 37,910.76. The S&P 500 index was down 15.08 points at 5,020.61, while the Nasdaq composite was down 65.64 points at 15,592.18.The June crude oil contract was down US$2.

The June gold contract was up US$12.20 at US$2,315.10 an ounce and the July copper contract was down two cents at US$4.54 a pound.The Canadian Press

 

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