S&P/TSX composite down nearly 100 points, U.S. stock markets up

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TORONTO — Canada’s main stock index was down almost 100 points Friday, as industrials, base metals and telecom led the way lower, while U.S. markets were up, recovering losses from earlier in the day. The S&P/TSX composite index closed down 91.

TORONTO — Canada’s main stock index was down almost 100 points Friday, as industrials, base metals and telecom led the way lower, while U.S. markets were up, recovering losses from earlier in the day.

The S&P/TSX composite index closed down 91.75 points at 24,968.49.

In New York, markets started the day in the red but steadily rose to break a four-week losing streak. The Dow Jones industrial average was up 32.03 points at 41,985.35. The S&P 500 index was up 4.67 points at 5,667.56, while the Nasdaq composite was up 92.42 points at 17,784.05.

“It seems that the markets are calming down quite a bit relative to last week,” said Ian Chong, portfolio manager for First Avenue…

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