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

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TORONTO - Canada's main stock index was lower in late-morning trading, weighed down by losses in the base metals sector, while U.S. stock markets moved higher.

TORONTO - Canada’s main stock index was lower in late-morning trading, weighed down by losses in the base metals sector, while U.S. stock markets moved higher.

In New York, the Dow Jones industrial average was up 248.28 points at 52,734.77. The S&P 500 index was up 29.38 points at 7,648.76, while the Nasdaq composite was up 117.18 points at 25,583.37.

The Canadian dollar traded for 70.15 cents US compared with 70.52 cents US on Wednesday.

The December crude oil contract was up 30 cents US at US$86.83 per barrel.

The December gold contract was down US$120.30 at US$3,880.20 an ounce.

Note to readers:This is a corrected story. A previous version misstated the day in graf four.

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