upclose stock market arrows green and red

Canada’s main stock index’s six-day winning streak has ended after the International Monetary Fund lowered its global growth forecast for the year.

The S&P/TSX composite index closed down 70.84 points to 16,336.45.

In New York, the Dow Jones industrial average was down 190.44 points at 26,150.58. The S&P 500 index was down 17.57 points at 2,878.20, while the Nasdaq composite was down 44.61 points at 7,909.28.

The Canadian dollar traded at an average of US75.10¢ compared with an average of US75.05¢ on Monday.

The May crude contract was down 42¢ at US$63.98 per barrel and the May natural gas contract was down 0.9¢ at US$2.70 per mmBTU.

The June gold contract was up US$6.40 at US$1,308.30 an ounce and the May copper contract was up 0.2 of a cent at US$2.93 a pound.