S&P/TSX Composite down as energy and base metal stocks fall, U.S. markets also lower

Canada's main stock index was down more than 100 points Wednesday, weighed down by losses in base metal and energy stocks, while U.S. stock markets also moved lower ahead of after-market earnings from Nvidia.

The S&P/TSX Composite Index closed down 121.40 points at 22,346.76.

In New York, the Dow Jones industrial average was down 201.95 points at 39,671.04. The S&P 500 index was down 14.40 points at 5,307.01, while the Nasdaq composite was down 31.08 points at 16,801.54.

Wednesday brought the minutes from the U.S. Federal Reserve’s latest meeting, which showed Fed officials suggesting it “would likely take longer than previously thought” to get inflation fully under control.