North American stock markets tumble late in the morning – business news

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North American stock markets cut past losses, but still trended negative in the early afternoon, amid lingering concerns about rising rates of COVID-19 infection.

The S & P / TSX Composite Index fell 148.38 points to 15,522.32.

In New York, the Dow Jones industrial average fell 291.88 points to 26,367.23. The S&P 500 Index was down 50.15 points to 3,259.96, while the Nasdaq composite was down 273.49 points to 10,912.10.

The Canadian dollar traded at 75.08 US cents against 74.91 US cents on Thursday.

The December crude contract fell 71 cents to US $ 35.46 per barrel and the December natural gas contract fell less than a dime to US $ 3.30 per mmBTU.

The December gold contract rose US $ 12.00 to US $ 1,880.00 per ounce and the December copper contract fell half a cent to US $ 3.05 per pound .

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