TORONTO _ The Toronto stock market traded lower, dragged down by the materials and energy sectors, as the Canadian dollar continued to lose ground.
The S&P/TSX composite index fell 56.90 points to 14,208.47 in late-morning trading.
Meanwhile, the loonie, which has been flirting with its lowest level since 2004, ticked down 0.12 of a cent at 76.57 cents US.
The September contract for crude oil fell 30 cents to US$48.15, while the August natural gas contract dropped 2.4 cents at $2.792.
The August gold contract fell US$13.20 at US$1,080.90.
The Dow Jones industrial average lost 65.18 points at 17,666.74, while the Nasdaq fell 7.93 points to 5,138.48. The S&P 500 dropped 8.05 points at 2,094.10.