markets
123RF

Canada’s main stock index fell for a fourth-straight day on falling oil prices and gold hitting a low for the year, along with a hangover from the U.S. Federal Reserve’s unwillingness to cut interest rates.

The S&P/TSX composite index closed down 91.87 points to 16,410.88.

In New York, the Dow Jones industrial average was down 122.35 points at 26,307.79. The S&P 500 index was down 6.21 points at 2,917.52, while the Nasdaq composite was down 12.87 points at 8,036.77.

The Canadian dollar traded at an average of US74.28¢ compared with an average of US74.54¢ on Wednesday.

The June crude contract was down US$1.79 at US$61.81 per barrel and the June natural gas contract was down 3.1¢ at US$2.59 per mmBTU.

The June gold contract was down US$12.20 at US$1,272.00 an ounce and the July copper contract was down 2.2¢ at US$2.78 a pound.