06/09/2016 07:31 EDT | Updated 06/10/2017 01:12 EDT

Stock markets and Canadian dollar moderately lower in late morning trading

TORONTO — North American stock markets, the Canadian dollar and oil prices were moderately lower in late morning trading today.

The Toronto Stock Exchange's S&P/TSX index declined 79.46 points to 14,233.64, adding to a 52.5-point drop Wednesday.

The Dow Jones industrial average was down 50.78 points at 17,954.27, the broader S&P 500 composite index declined 6.94 points to 2,112.18 and the Nasdaq composite lost 13.59 points to 4,961.05.

The Canadian dollar was at 78.65 cents US, down 0.11 of a cent from Wednesday's close.

The July crude contract was down 41 cents at US$50.82 per barrel, still near a 2016 high.

Natural gas contracts for July were up 14.1 cents at nearly US$2.61 per mmBTU, the August gold contract rose $9.80 to US$1,272.10 an ounce and July copper contracts fell 4.1 cents to US$2.02 a pound.